Panic Creators and Panic Sellers are Silent

This entry was posted on Monday, December 12th, 2011 and is filed under Cashew.

Kernel buyers from the side markets and emerging markets are showing interest in purchase commitments for the next 3-4 months but sellers are confused over the cost and quality of the imported inventory. Though the current kernel supply and current global demand are well balanced, Losses on kernel production is said to be 10-15%. Panic creators and panic sellers who have artificially driven the prices below the production cost, are now silent. Some experts are of the view that the psychological factors when change direction from negative to positive, something big is going to happen.

Filed Under: Cashew