Cashew rises on buying support

Cashew prices rose by Rs 5 per kg in the national capital today on increased buying by retailers and stockists due to 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 Rs 890-910, Rs 790-810, Rs 660-670 and Rs 560-610 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 17,500 Almond (Gurbandi-new) Rs 8,200-8,500; Almond (Girdhi) Rs 4,200-4,500; Abjosh Afghani Rs 8,000-22,000.
Almond Kernel (California-new) Rs 600-630 per kg, Almond Kernel (Gurbandi-new) Rs 470-520 per kg.

Source: business-standard.com