Raw Cashew Demand Falls in Maharashtra

This entry was posted on Tuesday, June 10th, 2014 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

In Maharashtra, raw cashew prices are still unworkable but local speculators have huge unsold stocks. When there is adequate supply nobody shows buying interest.

Delay in the arrival of monsoon is the main reason.

According to Industry sources, Indian harvest is 30% less compared to last year. But the official view is quite different.

They think that the shortage is only 6-7 percent

 

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