Which is Better ? Consumption or Rs7000/tin/11.340kgs/W320 During Diwali

This entry was posted on Sunday, July 21st, 2013 and is filed under Cashew.

In India, speculators are trying their best to increase the kernel market to a new high. Most probably, bullish rumor kings are enjoying their most fortunate time.

‘It may be a just rumor today but it will become the actual market tomorrow’ – This is the situation.

But sellers’ should try to maintain the current consumption level throughout the calender year. Abnormal rise in the kernel market might result in consumption slowdown. We think that Rs5950 – 6300 for W320/tin/11.340 kgs/according to grading standards/Goa-Mangalore, is quite reasonable as there is no raw cashew shortage.

Filed Under: Cashew