W320 is the most important as well as bulk grade in the cashew industry. But the price difference between W320 and the scarce grade W240 was only Rs200/tin/11.340 kilo during July and August.
Festive demand has now bumped up the price of W240.
Premium W320 is still trading around Rs6800/tin/11.340 kilo/Goa-Mangalore whereas the price for a premium W240 tin is above Rs7200.
Prices are inclusive of state level VAT but buyers deduct Rs200 per tin as tax difference under CST purchases.