Export is now highly profitable for Indian cashew kernel wholesalers, mainly due to continuous Rupee depreciation. Indian domestic market has to compete on price, as exporters are taking all the supply out of the market.

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• Activity Begins After the Holidays
• Very High Demand for Broken Grades due to Food Inflation and Huge Increase in the Packed Food Prices
• Price for W320 is Rs700/kilo/Goa-Mangalore but excluding West African Last Crop
• Bullish Uproar in the Market
• Survival of the Fittest is the Mantra for the Existing Units but New Entrants are Smelling a Great Opportunity!
• No Selling Pressure in Kernel Market
• Strong trend in Wholes, Buyer-Seller Adjustments in Broken
• Where is Raw Cashew for Next 5 Months? Is There a Chance of at least 25% Rise in the Kernel Market?
• Consumption on Increase, Supply not Matching with the Demand
• Market Waiting for the Rainy Season to END.