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  • Triangular Competition in West Africa

    Mar 30th, 2013

    <p>Speculative movement is rising in West Africa; mostly on increased competition between the Indian, Brazilian and Vietnamese processors. Most probably, this bullish trend is due to following factors -</p> <p>1) Crop failure in Brazil</p> <p>2) Unpredictability in the Vietnamese harvest</p> <p>3) Still, there is no quality related improvement in the rain damaged Kerala raw nuts</p> <p>4) Heavy pieces and very small kernels from this year&rsquo;s East African imports.</p> <p>If this trend continues, processors will have no other alternative except a sharp increase their kernel prices.</p> <p>&nbsp;</p>


    Source: worldcashew.com
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