Cashew: not expected to go down - 09 June, 2016

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As per trade sources, the exporters are placing their orders for cashew of Goa & Mangalore. They ordered for cashew 240 no. at Rs 7900 and for 320 no. at Rs 7000 / 7100.
On the other hand, US dollar compared to Indian rupee is strong marginally & seen at 66.75. Because of this, the import may rise. Cashew in spot is not expected to go down in the coming days.

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