Cashew rises on fresh buying

NEW DELHI: Cashew prices rose by Rs 5 per kg here today largely on the back of fresh buying by retailers and stockists.
Tight supplies from growing regions also supported the upside move in prices.
Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 each to conclude at Rs 685-745, Rs 665-685 Rs 585-610 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 13,600 Almond (Gurbandi-new) Rs 7,100-7,600; Almond (Girdhi) Rs 3,100-3,400;Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 470-510 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.

Source: Business Standard