Cashew rises on firm demand

New Delhi, May 16 (PTI) Cashew prices rose by Rs 5 per kg in the national capital today largely supported by pick-up in demand amid low stocks due to tight supplies from growing regions.

Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 to settle at Rs 630-640, Rs 585-590, Rs 520-525 and Rs 450-470 per kg, respectively.

Market analysts said increased buying by retailers and stockists, owing to domestic demand against low stocks mainly pushed up cashew prices.

Following are today''s quotations in Rs per 40 kg:

Almond (California) Rs 9,800 Almond (gurbandi-new) Rs 4,900-5,200 almond (girdhi) Rs 2,600-2,800 and Abjosh Afghani Rs 7,000-20,000.

Almond kernel in per kg (California) Rs 345-350,almond kernel (gurbandi-new) (kg) Rs 320-390.

(Source: http://in.news.yahoo.com/cashew-rises-firm-demand-090900740.html)