Selling Pressure on Cashew Kernel

This entry was posted on Tuesday, January 26th, 2010 and is filed under Cashew.

Although there is no nervous selling in the International cashew market, stockists are worried because of slowing demand in the consumption centers. Retail traders are cautious and not interested in bulk buying. Those who have not resorted to production cuts are facing selling problems. Although the International cashew kernel rates are down by only few cents, the Indian market has moved in the grip of downside pressure.

Filed Under: Cashew