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  • Bearish Phase in India may Continue for a Long Period

    Dec 9th, 2015

    Even premium W320 has no buyers above Rs6700/11.340 kg/Goa-Mangalore. Supply is on increase but North Indian winter demand is facing consumer resistance.

    Local exporters are the main buyers. But their price is only Rs6000+tax/11.340 kg/Goa-Mangalore. Some Indian calendars prohibit auspicious celebrations for a month from January8, 2016. Then, the exam period begins in March.


    Source: www.worldcashew.com