West African new crop is in its flowering and tender nuts’ stage.
There are buyers for the First Crop or immediate March shipments from West Africa as April-end to June-end shipments will reach India mostly during the rainy season.
When the situation is ‘TIGHT MONEY ‘, Wait & watch should be the strategy till the supply increases in the money market.
Nobody now believes in Tanzania’s 100000 Ton sale! Clear view about this year’s raw cashew is possible only when that matter becomes clear.