Cashew rises on fresh buying

PTI New Delhi | Updated on October 19, 2013 Published on October 19, 2013

Cashew prices rose by Rs 5 per kg in the national capital today largely on the back of fresh buying by retailers and stockists.

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 5 each to conclude at at Rs 725-745, Rs 665-690 Rs 585-605 and Rs 505-555 per kg, respectively.

Marketmen said increased buying by retailers and stockists against tight supplies from growing regions mainly pushed up cashew prices to rise.

The following are today’s quotations (per 40 kg): Almond (California) Rs 17,500 Almond (Gurbandi-new) Rs 8,500-8,900; Almond (Girdhi) Rs 5,100-5,600; Abjosh Afghani Rs 12,000-24,000.

Almond Kernel (California-new) Rs 610—635 per kg, Almond Kernel (Gurbandi-new) Rs 500-550 per kg.

Published on October 19, 2013
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