Cashew up on on rising demand

NEW DELHI, JULY 6: 

Cashew prices rose up to Rs 15 per kg in the national capital today, largely on the back of rising demand from reailers 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 up to Rs 15 to conclude at Rs 730-755, Rs 680-705 Rs 590-605 and Rs 515-565 per kg, respectively.

Marketmen said rising demand from retailers and stockists against tight supplies from growing regions, mainly pushed up cashew prices to rise.

The following are today’s quotations (per 40 kg): Almond (California) Rs 15,200 Almond (Gurbandi-new) Rs 7,800-8,100; Almond (Girdhi) Rs 4,300-4,800; Abjosh Afghani Rs 8,000-20,000.

Almond Kernel (California-new) Rs 540-555 per kg, Almond Kernel (Gurbandi-new) Rs 450-500 per kg.

Source: Business Line