Cashew prices rise on fresh buying

NEW 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 amid low stocks.
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 740-760, Rs 680-705 Rs 600-620 and Rs 520-570 per kg, respectively.
Marketmen said increased buying by retailers and stockists against tight supplies from growing regions, mainly pushed up cashew prices.
The following are today's quotations (per 40 kg): Almond (California) Rs 13,500 Almond (Gurbandi-new) Rs 7,300-7,700; Almond (Girdhi) Rs 3,300-3,500; Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 470-490 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.