Seller’s Resistance is Inevitable
This entry was posted on Monday, January 23rd, 2012 and is filed under Cashew.
In the current kernel market conditions, sellers are not in a commanding position. But the panic sellers and rumor kings are shocked by the Indian rupee appreciation. Market Psychology has drastically changed its direction and the sellers thinking is now about the very survival of the industry. When there is raw cashew shortage and the loss on production is 15-20% – This is an opportunity not to miss.
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