Cashew rises on fresh buying

NEW DELHI, SEP 28: 

Cashew prices rose by 5 per kg in the national capital on Saturday largely on the back of increased buying by retailers and stockists amid low stocks. Tight supplies from growing regions also supported the uptrend in prices.

Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 each to conclude at Rs 825-950, Rs 765-845 Rs 635-695 and Rs 580-645 per kg, respectively.

Marketmen said fresh buying by 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 17,200 Almond (Gurbandi-new) Rs 8,200-8,600; Almond (Girdhi) Rs 4,800-5,300; Abjosh Afghani Rs 10,000-22,000.

Almond Kernel (California-new) Rs 590-615.

Source: The Hindu