World Cashew.com Suggestion For August 2011

This entry was posted on Thursday, July 28th, 2011 and is filed under Cashew.

High expectations may have to face some disappointment in cashew kernel  as the prevailing market conditions  are quite unreasonable for a common man.  But the CNSL and cashew shell prices have come down by 10%-15% due to the global slowdown in crude demand. In the  Forex market, almost all important currencies have jumped against the US Dollar. So. we suggest that a 5% increase for the Indian domestic market and a 10% rise in export prices may not be unreasonable during the Ramadan festival period.

Filed Under: Cashew