Vietnam’s April to May harvest is rain damaged. Indian crop size is said to be at least 20% less in white kernel terms as the damage is on both quantity and quality. Even then, the revised global estimate for the year is 43 lakh Tons. Massive increase is in West Africa & Cambodia.
Atmosphere for free trade or free movement is still negative due to COVID restrictions. But the situation is said to be slight better compared to last year’s lockdown. There is no fear factor in the market on account of the white nuts’ shortage. Demand for broken is once again improving as broken grades are essential […]
Highly rain damaged raw cashew is now arriving in Kerala, Karnataka and adjoining districts of Andhra & Tamil Nadu. Whenever such a massive disaster happens, usually, international prices move up by 10 percent to 40 percent. Indian buyers like wait & watch mode, probably till the end of the lock-down-like situation. Grocery shops can sell […]
Supply shortage in cashew kernel is due to shutdowns and lock downs in the production region. Groceries are available in the consumption region but the supply side has to cut production because of Covid related strict restrictions Mostly rain damaged raw cashew is available in the most important South-west region of India. White raw cashew […]
Situation may change when the Ramadan consumption begins. South Indian New-Year festival is also approaching. Why forward sales when the April harvest is still a miserable failure in India?
Raw cashew Market is facing farmers resistance. Undried raw cashew prices are around Rs105+GST in Kerala and South Interior Karnataka. 30% cutting quality is moving above Rs118+GST in Maharashtra. The Price for the ripe plantation variety is Rs125+GST in Goa and nearly Rs120+GST in Coastal Karnataka. First time in recent history, sellers are asking kernel […]
The summer season is the ice cream season in India. This year, the month of Ramadan will fully support the summer consumption. Broken grade movement usually gains momentum during the summer but the Ramadan month is for all kind of broken, lower and mid-grade wholes.
Tokyo Olympics will begin on 23 July, 2021 and ends on 8 August, 2021. Preparations are going on but everything depends on the Government of Japan. Anything can happen in the last moment. Summer season in India is approaching in the southern parts. Buyers are showing interest in long term supply contracts, especially in splits […]
If the nation wants to achieve double digit GDP growth, the commercial sector of the country needs more incentives and capital. Any kind of tax increase on the internal production, distribution or services will reduce the internal capital of the business community when their target should be to catch up with the inflation. When the […]
Nearly 100% of the Indian Population is Farming Community as Farmers of India consider their Nearest and Dearest as their own family! —– All the members of the farmer family cannot survive on farming as 86% are said to be under small-scale. One may select a job for career, another might become a service provider. […]
APMC Act and Agro land conversion rules became barriers to the farming activity in India for many decades. When the nation’s farmers lost their legitimate rights, only corrupt officials made huge money. The intention of the Act was progressive in the beginning. When the president gave his assent there was no ‘yard vs area’ jurisdiction […]
If the majority of India’s 60 crore farmers support any agitation, only that agitation is farmers’ agitation. Any protest started by some group leaders or politically motivated unions is only for their own individual interest but not for the entire farm community. In India, it is easy to bring thousands of people for any movement […]
Indians have a duty towards their Devas (Deities). Every year they celebrate the ‘Vinayaka’ and other festivals. Who is Vinayaka? Why Indians celebrate his birth or Avatar? The meaning of the name ‘Vinayaka’ is — ‘seperated from leader’. This meaning ‘symbolizes or denotes a leaderless system’. He is son of God. Jesus Christ is also […]
SAVE SELF-EMPLOYED SHOULD BE THE ‘MANTRA’ FOR THE BUDGET 2020-21 (1) This post was first published on January 9, 2020 in view of the approaching budget. Problem of India is population. AT LEAST IT SHOULD BE NOW MADE 100% USEFUL FOR COUNTRY’S OWN AGRICULTURE & THE INDUSTRIAL SECTOR. — ‘Nation of 135 crore people! Debt-ridden […]
SIMPLE ECONOMIC FORMULA (This entry was originally posted on Monday, December 31st, 2018. Thereafter, once again brought back with some minor changes on 1st January 2020 in view of the Indian budget 2020-21) Economic boom of any country depends on its business, agriculture, industrial production and commercial activities. When these activities improve, only then the […]
The Sanskrit word ‘Shri’ is a title of ‘value with respect’. ‘Shri’ is also called ‘Laxmi’ – the goddess of fortune. Indian ‘MSME’, self employed & business people work hard; they work nearly 18 hours a day; they are like a ‘weekly holiday-less & daily rest-less’ working class. THEY ARE NOT JUST WEALTH CREATORS BUT […]