Wedding Season Drives Indian Cashew Kernel Higher

This entry was posted on Friday, June 1st, 2012 and is filed under Cashew.

Inauspicious period ended in the Hindu calendar on May 26 and the Indian wedding season has truly begun. The demand for cashew kernel is once again on the rise but small scale processors are not showing much interest in the Indian domestic markets. Exporters are offering Tax-less attractive prices and they are buying almost all grades from them. So, local buyers now have no choice but to accept sellers demands. Even then, small scale processors are not looking towards Indian markets.

Raw cashew market is also moving ahead on kernel market sentiments.

Filed Under: Cashew