Activity is back in the Indian cashew kernel but the price improvement is only around Rs100/tin/25LB. Traders are happy that the bear phase has ended with the end of lorry strike. Global markets may also come out from the red with in next few days. What happens in next 5-7 days will, most probably decide the future trend for next 2-3 months.

Related Posts via Categories

• Sever Raw Cashew Shortage but Demand is for Broken & Lower Grade Kernels
• Market Neglects Fiscal Year-end!
• Ramadan month will begin from Monday, 12 April
• Demand intact in broken grades, wholes market still optimistic about Tokyo Olympics
• Lockdown shatters in-shell-raw-cashew market in India
• FY 2019-20 ended with a week long shutdown, FY 2020-21 entered bringing additional two weeks of shutdown with it!
• Lockdown on the commercial activity results in sudden collapse
• ‘The show must go on’ even if raw cashew is facing both buyer resistance & seller resistance
• Steady demand in India
• Only 5 months for the Olympics!