Raw Cashew Bearish but Still Unworkable

This entry was posted on Tuesday, April 10th, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Raw cashew price in Kerala is now around ₹140+GST/KILO. Even then the industry needs $5.5/Pound/W320 as a reasonable price. 

A market correction is possible only through a middle way. Further 10% decrease in the raw cashew along with a 10% increase in the kernel value may bring a market correction.

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