Cashew up on rising demand

NEW DELHI, Nov 26:  Cashew prices edged higher by Rs 5 per kg in the national capital today on fresh buying by retailers and stockists on higher 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 1,105-1,115, Rs 995-1,005, Rs 895-905 and Rs 795-805 per kg, respectively.
Marketmen said increased buying by retailers and stockists due to wedding session against restricted supplies from growing belts, mainly pushed up the cashew prices.
Following are today’s quotations (per 40 kgs):
Almond (California) Rs 16,000-16,200, Almond(Gurbandi-new) Rs 12,000-12,200, Almond (Girdhi) Rs 5,500-5,700; Abjosh Afghani Rs 5,000-22,000.
Almond Kernel (California-new) Rs 590-610 per kg, Almond Kernel (Gurbandi-new) Rs 725-825 per kg. (PTI)

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