Spot Demand Down but August Demand Up

This entry was posted on Friday, July 3rd, 2015 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Price of a Premium W320 tin is still Rs6700/11.340 kilo/Goa-Mangalore but buyers are not interested in large volumes. Current Indian demand is mostly for August-September contracts.

August, September and October are known as Diwali period in the Indian cashew trade. Usually Buyers stop their Diwali purchases by October-end.

“So sellers may demand above Rs7000/Premium W320/11.340 kilo/Goa-Mangalore as buyers support almost ends after this period”

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