There will be cashew kernel shortage due to unprecedented Indonesian raw cashew market. Most of the processors are not in a position to make infeasible Indonesian imports. Severe raw cashew scarcity is expected to happen from next month. So we suggest to make W320 September contracts around $3.50/pound and Indian contracts around Rs4500+CST/tin of 11.34kg.

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• Asking rate is Rs 800+GST/kilo/W320/Forward Goa-Mangalore