Cashew prices decline on sluggish demand

Cashew prices declined up to Rs 10 per kg in the national capital today, owing to reduced offtake by retailers and stockists at existing higher levels.

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

Cashew kernel (No 180, 210, 240 and 320) prices fell by Rs 5 each to settle at Rs 620-660, Rs 595-600, Rs 540-550 and Rs 435-500 per kg, respectively. 

Analysts said subdued demand from retailers and stockists against adequate stocks led to the decline in cashew kernel prices at the wholesale dry fruit market.

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

Almond (California) Rs 10,200 Almond (gurbandi-new) Rs 4,800-4,900 almond (girdhi) Rs 2,400-2,600 and Abjosh Afghani Rs 10,000-20,000 Almond kernel in per kg (California) Rs 370-375, almond kernel (gurbandi-new) (kg) Rs 300-340

Chilgoza (roasted) (1 kg) Rs 1,400-1,600 Cashew kernel 1 kg (no 180) Rs 620-660 Cashew kernel (no 210) Rs 595-600 Cashew kernel (no 240) Rs 540-550 Cashew kernel (no 320) Rs 435-500 Cashew kernel broken 2 pieces Rs 435-450

Cashew kernel broken 4 pieces Rs 400-420 Cashew kernel broken 8 pieces Rs 290-370 Copra (qtl) Rs 5,800-6,000 Coconut powder (25 kg) Rs 2,400-2,500 Dry dates red (qtl) Rs 3,200-8,500 Fig Rs 6,000-14,000 Kishmish Kandhari local Rs 7,500-8,000 Kishmish Kandhari special Rs 12,500-20,000

Kishmish Indian yellow Rs 3,900-4,500 Kishmish Indian green Rs 6,000-7,500 Pistachio Irani Rs 800-850 Pistachio Hairati Rs 1,110-1,230 Pistachio Peshawari Rs 1,355-1,410 Pistachio Dodi (roasted) 550-635 Walnut Rs 120-190 Walnut kernel (1 kg) Rs 400-650