Two Dangerous Situations in This Year’s Raw Cashew Trade. 1) Loan Defaults

This entry was posted on Tuesday, April 19th, 2016 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Reckless buyers will have to pay the penalty when the trade is in the hands of black marketeers. However, both buyers and sellers may land in a very dangerous situation in this year’s international raw cashew trade.

Thousands of Indian processors are suffering huge losses from the first month of the calendar year. They are losing nearly 5% of their capital on month on month basis. When the capital erosion continues, release of the imported inventory will become highly difficult.

Already some small-scale processors faced liquidity problems in the fiscal year-end month of March. 

Reckless buyer, who becomes a puppet in the hands of rumor mongers and black marketeers will certainly become a loan defaulter. Therefore, completely stopping the raw cashew buying is the only remedy for survival.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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