When the Kernel Support Ends Bubble will Burst in Raw Cashew.

This entry was posted on Saturday, April 23rd, 2016 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Exporters buying rate is still Rs6600+Tax/Premium W320/11.340 kilo/without packing/ Goa-Mangalore. But North Indian price is Rs7200+Tax/11.340 kilo/tin+box packing. In the Mumbai region, buyers offer is below Rs7100+Tax as there is local supply in Maharashtra.

Most exporters have forward commitments around $3.70/Pound/W320 for next two months despite the trend is towards $4.00/Pound. Therefore they cannot compete with the domestic market.

One day bubble has to burst in raw cashew. ‘New crop arrival is on increase in the hilly and interior region’.

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