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  • Supply or Offer is Essential to Determine the Market

    Jan 11th, 2012

    <p></p><p>Because of the over-selling in the global cashew kernel till March-end/April, getting a clear picture of the market or market trends is not possible. Over-selling or over-buying usually happens during the volatile Forex conditions. For more information, please read our articles : 1) Cashew Flashback 2011. 2) Falling Rupee Fuelled Forward Contract Competition.</p> <p>Supply is always essential to determine the price. If there are no new offers or no extra supply resources and mainly contracted/committed supply or delivery is possible for the next two months, there will be no market access at all. At present, most kernel exporters have enough export commitments for next 8-10 weeks and they can not sell more than what they have or beyond their capacity. </p><p>&nbsp;</p><br><p></p>


    Source: worldcashew.com
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