Lower Grades and Pieces Shortage in India Despite the Arrival of Southwest Monsoon

This entry was posted on Friday, June 7th, 2013 and is filed under Cashew.

Revival of speculative activity in SW, SSW, Splits and Pieces in India is mostly due to ¬†–

1) Sudden increase in the import duty

2) Weakness in the Indian Rupee

3) Approaching Ramadan Month, which will begin from July 9

4) Huge rise in the prices of fruits, vegetables and other food items

Р Coming days may witness some healthy competition between the Indian domestic and global markets.

Filed Under: Cashew