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  • Spot Demand Down but August Demand Up

    Jul 3rd, 2015

    Price of a Premium W320 tin is still Rs6700/11.340 kilo/Goa-Mangalore but buyers are not interested in large volumes. Current Indian demand is mostly for August-September contracts.

    August, September and October are known as Diwali period in the Indian cashew trade. Usually Buyers stop their Diwali purchases by October-end.

    “So sellers may demand above Rs7000/Premium W320/11.340 kilo/Goa-Mangalore as buyers support almost ends after this period”.


    Source: www.worldcashew.com/