Cashew rises on festive demand

Cashew prices rose by Rs 10 per kg in the national capital today on increased buying by retailers and stockists to meet upcoming "Navratras" and marriage season demand.
Further, tight 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 10 each to conclude at Rs 830-840, Rs 725-735, Rs 660-690 and Rs 590-600 per kg, respectively.
Marketmen said increased buying by retailers and stockists to meet 'Navratras' beginning tomorrow influenced cashew prices.
Following are today's quotations (per 40 kg):
Almond (California) Rs 19,800, Almond (Gurbandi-new) Rs 8,000-8,300; Almond (Girdhi) Rs 4,700-4,900; Abjosh Afghani Rs 18,000-23,000.
Almond Kernel (California-new) Rs 685-695 per kg, Almond Kernel (Gurbandi-new) Rs 500-650 per kg.