Demand from smaller nations and side markets is responsible for the present momentum in cashew kernel. Kernel stock position is currently at all time low that nobody now needs large scale buyers.
During mid October, some processors have made forward sales in panic mode. They are now totally perplexed. According to some unconfirmed reports, Mangalore quality W320 is believed to be sold at $3.65 to gulf nations.
(worldcashew.com)
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