Cashew declines on subdued demand

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

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

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

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

Following are today’s quotations in Rs per 40 kg:

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

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

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