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  • Cashew prices rise on fresh buying

    Apr 28th, 2013

    <p>Cashew prices rose by ` 5 per kg in the national capital on Saturday largely on the back of fresh buying by retailers and stockists amid low stocks.</p> <p>Tight supplies from growing regions also supported the upside in prices. Cashew kernel No 180, No 210, No 240 and No 320 rose by ` 5 each to conclude at at ` 735-755, ` 675-700 ` 595-615 and ` 515-565 per kg, respectively.cashewnews_048</p> <p>Market participants said increased buying by retailers and stockists to meet marriage season demand against tight supplies from growing regions, mainly pushed up cashew prices.</p> <p>The following are today&rsquo;s quotations (per 40 kg): Almond (California) ` 13,800 Almond (Gurbandi-new) ` 7,200-7,600; Almond (Girdhi) ` 3,500-3,700; Abjosh Afghani ` 8,000-20,000.</p> <p>Almond Kernel (California-new) ` 490-500 per kg, Almond Kernel (Gurbandi-new) ` 350-450 per kg.</p> <p>&nbsp;</p>


    Source: Business Line
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