Cashew declines on subdued demand

PTI New Delhi | Updated on May 07, 2011

cashew   -  Business Line

Cashew prices declined by Rs 10 per kg in the national capital today owing to fall in demand from retailers and stockists.

Adequate stocks following increased arrivals from the producing belts also weighed on the prices.

Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 10 each to settle at Rs 615-625, Rs 570-575, Rs 505-510 and Rs 435-455 per kg, respectively.

Market analysts said subdued demand from retailers and stockists against comfortable stocks mainly led to the decline in cashew kernel prices at the wholesale dry fruit market.

Following are the quotations in Rs per 40 kg:

Almond (California) 9,500 Almond (gurbandi-new) 4,900-5,200, Almond (girdhi) 2,600-2,800 and Abjosh Afghani 7,000-20,000.

Almond kernel in per kg (California) 325-335, Almond kernel (gurbandi-new) (kg) 320-390.

Published on May 07, 2011

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