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  • When the Kernel Support Ends Bubble will Burst in Raw Cashew.

    Apr 23rd, 2016

    Exporters buying rate is still Rs6600+Tax/Premium W320/11.340 kilo/without packing/ Goa-Mangalore. But North Indian price is Rs7200+Tax/11.340 kilo/tin+box packing. In the Mumbai region, buyers offer is below Rs7100+Tax as there is local supply in Maharashtra.

    Most exporters have forward commitments around $3.70/Pound/W320 for next two months despite the trend is towards $4.00/Pound. Therefore they cannot compete with the domestic market.

    One day bubble has to burst in raw cashew. ‘New crop arrival is on increase in the hilly and interior region’.