Indian exporters buying rate of W320 is Rs6800+TAX/11.340 kilo/Goa-Mangalore. Domestic market is above Rs7000+TAX but buyers are highly selective about brands and quality.
Export demand may remain steady even after the arrival of bulk imports of raw cashew in June-July period.
However, the raw cashew bubble will have to explode when the shortage ends. At present, the price is around Rs118/kilo/8% moisture/ Kerala