Don’t miss the latest developments in business and finance.

Almond prices decline on subdued demand

Image
Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:13 AM IST

Almond prices declined by Rs 100 per 40 kg in the national capital today due to fall in demand at existing higher prices.

Adequate stocks position on increased arrivals from the overseas markets also weighed on the prices. Almond (california) prices fell by Rs 100 to Rs 10,800 per 40 kg and its kernel also eased by Rs 5 to Rs 365-370 per kg.

Traders attributed the fall in almond prices to reduced offtake by stockists and retailers at existing higher prices against increased arrivals from overseas markets.

Meanwhile, prices of other dry fruits ruled steady on scattered deals.

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

Almond (California) new Rs 10,800 Almond (gurbandi-new) Rs 4,600-4,700 almond (girdhi) Rs 2,200-2,300 and Abjosh Afghani Rs 7,000-16,000

Almond kernel in per kg (California) Rs 365-370, almond kernel (gurbandi-new) (kg) Rs 305-380

Also Read

First Published: Jun 11 2010 | 5:38 PM IST

Next Story