Cashew rises as demand picks up

NEW DELHI, July 30:  Cashew prices rose by Rs 10 per kg in the national capital today largely on the back of increased buying by retailers and stockists on rising demand from bulk consumers.
Further, tight stocks following fall in supplies from growing regions also supported the uptrend.
Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 each to settle at Rs 935-960, Rs 850-860 Rs 770-785 and Rs 710-735 per kg, respectively.
Marketmen said increased buying by retailers and stockists against restricted supplies from growing belts, mainly pushed up cashew prices to rise.
Following are today’s quotations (per 40 kgs):
Almond (California) Rs 16,800-17,000, Almond(Gurbandi- new) Rs 11,200-11,600, Almond (Girdhi) Rs 5,400-5,600; Abjosh Afghani Rs 5,000-22,000.
Almond Kernel (California-new) Rs 590-600 per kg, Almond Kernel (Gurbandi-new) Rs 725-825 per kg. (PTI)