When Market Psychology Changes, Another Trend Begins

This entry was posted on Tuesday, August 23rd, 2011 and is filed under Cashew.

South Indian truckers strike has started to show its impact on all India kernel movement  but the market is still quiet and inactive. Southern states are the main cashew processing states in India and Delhi and Mumbai are the main markets. Right now, both wholesale and retail traders from these markets have turned  negative on cashew kernel. But if the consumption crosses market expectations during Ramadan and Vinayaka festivals, then there will be a change in the market psychology and when market psychology changes,  another trend begins.

Filed Under: Cashew