Pieces steady but downward trend is continuing in the Wholes category. Price of a Premium W320 tin is now around Rs5700/11.340 kg in Goa and Mangalore.
When the production results in losses and the Inventory sale brings huge profits, profit booking becomes the strategy of the market. In India, import re-sellers are trying this kind of profit booking, especially in the imported West African last-crop nuts.
– May be ‘bright looking nuts’ but buyers know the out-turn and quality!