Which is Better ? Consumption or Above $4.00/lb/W320/Till Christmas

This entry was posted on Sunday, July 28th, 2013 and is filed under Cashew.

Global markets may not cross $4.00 this year, despite there is a chance of an all time high in the Indian cashew kernel during the approaching Hindu festival season.

All time high may not be possible in Dollar terms because of the recent depreciation in the Indian and Brazilian currencies.

We think that $3.50-3.85/lb/W320/According to area-wise and factory-wise grading standards, is quite reasonable for Q3 and Q4.

Consumption should be maintained at all costs while increasing the temporary extra earnings.

Filed Under: Cashew