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Cashew down on sluggish demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:24 AM IST

Cashew prices declined by Rs 5 per kg in the national capital today, owing to a fall in demand from retailers and stockists at existing higher levels.

Adequate stocks in the wholesale markets, following increased arrivals from producing belts, also weighed on the cashew prices.

Cashew kernel (No 180, 210, 240 and 320) prices fell by Rs 5 each, to settle at Rs 600-615 Rs 550-570, Rs 500-515 and Rs 435-470 per kg, respectively. 

Marketmen said subdued demand from retailers and stockists at existing higher prices against adequate stocks, mainly led to a decline in cashew kernel prices at the wholesale dry fruit market.

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

Almond (California) Rs 10,000-10,500 Almond (gurbandi-new) Rs 4,600-4,700 almond (girdhi) Rs 2,500-2,600 and Abjosh Afghani Rs 6,000-15,000

Almond kernel in per kg (California) Rs 370-375, almond kernel (gurbandi-new) (kg) Rs 300-350.

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First Published: Oct 20 2010 | 3:24 PM IST

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