Cashew prices rise on fresh buying

EW DELHI: Cashew prices rose by Rs 5 per kg in the national capital today largely on the back of fresh buying by retailers and stockists.

Tight 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 690-750, Rs 670-690 Rs 590-610 and Rs 510-560 per kg, respectively.

Marketmen said increased buying by retailers and stockists against tight supplies from growing regions, mainly helped cashew prices to rise.

The following are today's quotations (per 40 kg): Almond (California) Rs 14,400 Almond ( Gurbandi-new) Rs 7,200-7,700; Almond (Girdhi) Rs 3,200-3,500; Abjosh Afghani Rs 8,000-20,000.

Almond Kernel (California-new) Rs 490-530 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.

Source: India Times