Friday, October 25, 2013
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Cashew rises on fesitve buying
NEW DELHI: Cashew prices rose by Rs 10 per kg in the national capital today largely on the back of fresh buying by retailers and stockists to meet festive season demand.
Tight supplies from growing regions also supported the upside in prices.
Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 10 each to conclude at at Rs 845-970, Rs 785-865 Rs 655-715 and Rs 600-665 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.
Source: India Times
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