Indian exporters’ buying interest is still in W240 but the North Indian demand is for mid-size grades. Price of W320 is around Rs 9000/including VAT/11.340 kilo/Goa-Mangalore.
However, activity is improving in cashew shells and shell oil.
Most probably, the period of ‘through-away price’ is over due to severe shortage and sellers’ resistance.
Source: World Cashew Blog