Lower Grades Yield is Increasing; But Confusion is in Higher Grades

This entry was posted on Thursday, November 3rd, 2011 and is filed under Cashew.

Indian cashew kernel is calm on account of  ‘after Diwali mood’. Buyers are not interested in any kind of risk during this stage and the sellers have only SW, SSW, DW and lower pieces in their warehouses. Global raw cashew and cashew kernel speculators may watch the Forex movement of the Vietnamese Dong because of slight depreciation in this currency. Most probably all are confused due to some overselling or commitments in W320, W450 and W240 but in the processing stage SW, SSW and DW yield is increasing day by day.

Filed Under: Cashew