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  • Wholes Down on Rupee Appreciation but Pieces Unchanged

    Sep 29th, 2012

    <p></p><p>Sudden Rupee appreciation has resulted in much lower returns on exports in the Indian currency market. Though the f.o.b value for cashew kernel is on a uppish move, actual realization has drastically come down in Rupee terms.</p>Declining trend in the North Indian markets is only in Wholes as this market mostly depends on the export market. <p>Firmness in splits and pieces may be due to festival related extra consumption and festive forward demand.</p> <p>&nbsp;</p><br><p></p>


    Source: worldcashew.com
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