“When buyers are in no hurry, sellers can not command the market. When buyers have no space in their warehouses, unwanted supply is even more dangerous”. Therefore, things will get better if the cashew industry stops or substantially reduces production till the 3rd week of July.
There is demand for July-end delivery contracts. But the most important ‘Shravana’ month will begin from August 12, 2018, which usually changes the direction in favor of kernel sellers.