The festive season is not off to a good start - traders and wholesalers at Agriculture Produce Market Committee (APMC) have been cribbing about the volatile market conditions adversely impacting the cashew industry. They say they've barely had any business this season, and fear that the condition in the coming months will only get worse.

Rupee touching 74.34 to a dollar has added fuel to already burning pockets, which has led to over hundreds of containers (import) laden with cashews lying at JNPT port for the past few weeks with no takers. And if cashew market players are to be believed, many more such containers are expected to arrive in the next few weeks.