Saturday, November 16, 2013
Cashew rises on buying support
NEW DELHI, NOV 16:
Cashew prices rose by Rs 5 per kg in the national capital on Saturday on increased buying by retailers and stockists to meet ongoing marriage and seasonal demand amid paucity of stocks. Fall in supplies from growing regions also supported the uptrend.
Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 each to conclude at at Rs 880-910, Rs 780-810 Rs 640-660 and Rs 540-600 per kg, respectively.
Marketmen said increased buying by retailers and stockists against tight supplies from growing regions, mainly pushed up cashew prices to rise on the wholesale dry fruit market here.
The following are today’s quotations (per 40 kg): Almond (California) Rs 17,400 Almond (Gurbandi-new) Rs 8,100-8,500; Almond (Girdhi) Rs 4,100-4,500; Abjosh Afghani Rs 8,000-25,000.
Almond Kernel (California-new) Rs 600-630 per kg, Almond Kernel (Gurbandi-new) Rs 470-500 per kg.
Source: THe Hindu
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