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Cashew rises on fresh buying

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Press Trust of India New Delhi

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

Restricted supplies from the 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 settle at Rs 495-500, Rs 470-480 Rs 385-395 and Rs 370-385 per kg, respectively.

Marketmen said increased buying by retailers and stockists, against tight stocks position pushed up cashew prices.

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

Almond (California) new Rs 10,500 Almond (gurbandi-new)Rs 4,600-4,700 almond (girdhi) Rs 2,200-2,300 and Abjosh Afghani Rs 7,000-16,000

 

Almond kernel in per kg (California) Rs 360-365, almond kernel (gurbandi-new) (kg) Rs 300-375

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First Published: Jun 17 2010 | 3:24 PM IST

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