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Almond prices decline on subdued demand

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Press Trust of India New Delhi

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

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

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