Agri Business

Almond declines on sluggish demand

PTI New Delhi | Updated on April 02, 2011

Almonds   -  Business Line

Almond prices fell by Rs 100 for 40 kg in the national capital on Saturday, due to selling pressure amid slackened demand from stockists and retailers at existing high prices.

Adequate stocks position following increased arrivals from overseas markets also weighed on the prices.

Almond (California) prices fell by Rs 100 to Rs 9,900 for 40 kg and almond California kernel also eased by Rs 5 to Rs 345-355 a kg.

Traders attributed fall in almond prices to reduced offtake by stockists and retailers. Meanwhile, prices of other dry fruits ruled steady on scattered deals.

Following are today’s quotations in rupees for 40 kg: Almond (California) Rs 9,900 Almond (gurbandi-new) Rs 4,900-5,000 almond (girdhi) Rs 2,700-2,750 and Abjosh Afghani Rs 7,000-20,000.

Almond kernel a kg (California) Rs 345-355, almond kernel (gurbandi-new) (kg) Rs 300-370.

Published on April 02, 2011

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