Cashew prices rise on buying support

Cashew prices rose by Rs 5 per kg in the national capital today on increased buying by retailers and stockists to meet rising domestic demand.
Paucity of stocks following 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 895-905, Rs 795-805 Rs 665-675 and Rs 565-605 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 18,500 Almond (Gurbandi-new) Rs 8,000-8,300; Almond (Girdhi) Rs 4,200-4,500; Abjosh Afghani Rs 8,000-22,000.
Almond Kernel (California-new) Rs 650-675 per kg, Almond Kernel (Gurbandi-new) Rs 500-550 per kg.

Business Standard