Weekly Market Report - Dry Fruits

Dry fruits: Almond and cashew prices declined on the wholesale dry fruits market during the week under review, mostly due to fall in demand from local traders and stockists at existing higher levels.

Increased arrivals from producing belts also put pressure on the prices.

Sentiments turned bearish following fall in demand from stockists and retailer at higher prices amid increased supplies.

Almond California prices fell by Rs 200 to finish at Rs 9,900 per 40 kg, while its kernel was also traded Rs 10 lower at Rs 360-365 from previous week's mark of Rs 370-375 per kg on increase in arrivals.

Cashew kernel (No 180, 210, 240 and 320) prices fell by Rs 5 each to settled at Rs 650-660, Rs 590-600, Rs 535-545 and Rs 440-460 and its (2, 4 or 8 pieces) also eased by Rs 5 each to finish at Rs 435-440 and Rs 385-420 and Rs 275-345 per kg, respectively on subdued demand.

Copra prices dropped by Rs 100 to finish at Rs 7,800-7,900 per quintal.

Pistachio hairati and peshawari also fell by Rs 10 each to settle at Rs 1,100-1,225 and Rs 1,350-1400 per kg, respectively.

On the other hand, kishmish Indian yellow and green prices surged up to Rs 500 to settled at Rs 3,800-4,400 and Rs 6,500-8,500 per 40 kg bags, respectively.