Cashew rises on pick up in demand

New Delhi, Dec 14 (PTI) Cashew prices rose by Rs 5 per kg in the national capital today largely on the back of buying support from retailers and stockists amid tight stocks positions.
Fall in supplies from growing regions also supported the upside in prices.
Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 each to conclude at Rs 665-685, Rs 615-635 Rs 565-605 and Rs 525-565 per kg, respectively.
Marketmen said increased buying by retailers and stockists due to seasonal demand against tight supplies from southern regions, mainly pushed up cashew prices.
Following are today''s quotations per 40 kg:
Almond (California) Rs 10,400 Almond (Gurbandi-new) Rs 6,000-6,200; Almond (Girdhi) Rs 3,200-3,300; Abjosh Afghani Rs 8,000-18,000.
Almond Kernel (California) Rs 375-380 per kg, Almond Kernel (Gurbandi-new) Rs 400-430 per kg.

Source: http://news.in.msn.com/business/article.aspx?cp-documentid=5677149