Monday, April 4, 2011
Cashew rises on fresh buying
New Delhi, Apr 4 (PTI) Cashew prices rose by Rs 5 per kg in the national capital today largely on pick-up in buying activity on firm domestic demand amid tight stocks position.
Restricted arrivals from growing regions also supported the upside in prices.
Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 to conclude at Rs 625-635, Rs 585-590, Rs 525-530 and Rs 440-460 per kg, respectively.
Market analysts said increased buying by retailers and stockists owing to domestic demand against tight stocks position mainly pushed up cashew prices.
Following are today''s quotations in Rs per 40 kg:
Almond (California) Rs 9,900 Almond (gurbandi-new) Rs 4,900-5,000 almond (girdhi) Rs 2,700-2,750 and Abjosh Afghani Rs 7,000-20,000.
Almond kernel in per kg (California) Rs 345-355,almond kernel (gurbandi-new) (kg) Rs 300-370.
(Source: http://news.in.msn.com/business/article.aspx?cp-documentid=5099708)
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