Cashew declines on subdued demand

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Cashew declines on subdued demand

New Delhi, Apr 5 (PTI) Cashew prices fell by Rs 5 per kg in the national capital today owing to sluggish demand from retailers and stockists amid adequate stocks.

Increased arrivals from producing belts against slackened demand from bulk consumers also weighed pressure on the cashew prices.

Cashew kernel (No 180, 210, 240 and 230) prices fell Rs 5 each to conclude at Rs 1,070-1,080, Rs 940-950, Rs 890-900 and Rs 790-800 per kg, respectively.

Marketmen said slackened demand from retailers and stockists against adequate stocks, weighed on cashew prices.

Following are today’s quotations (per 40 kgs): Almond (California)Rs 17,000-17,200, Almond(Gurbandi-new) Rs 12,000-12,200, Almond (Girdhi) Rs 5,600-5,700; Abjosh Afghani Rs 8,000-23,000.

Almond Kernel (California-new) Rs 600-605 per kg, Almond Kernel (Gurbandi-new) Rs 725-825 per kg. (MORE)

This is published unedited from the PTI feed.