Private Sector Industries & Traders Won’t Get Any Subsidy

This entry was posted on Tuesday, November 1st, 2016 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Grant of Govt assistance to the closed public sector cashew units in Kerala is the beginning of the recent rally in raw cashew. Then the new comers made their entry and rumor kings became supreme.

However, kernel supply will go on increase in coming days as these public sector industries will have to sell their production in the global market.

Brazilian production and exports may soon increase as this year’s weather conditions are highly favorable to their new crop harvest.

Brazilians usually procure all the fallen nuts whenever farmers and collecting agents get highly profitable returns.

El Nino can not do much harm to the coming Indian and Vietnamese harvest as higher moisture content in the soil always resists the bad effects of the El Nino heat wave.

Therefore,when the public sector gets huge govt grant private sector will have no other way of survival except ‘wait and watch’

 

Filed Under: Cashew, Cashew Market, Cashew News, Cashew Prices