Cashew prices weak on sluggish demand

Cashew nut prices declined in the national capital today, due to sluggish demand from retailers and stockists at existing higher prices.

Adequate stocks position following increased arrivals from producing belts also led to a fall in cashew prices.

Cashew kernel (No 180, 210, 240 and 320) prices declined by Rs 5 each to settle at Rs 490-500, Rs 460-470, Rs 380-385 and Rs 350-360 per kg, respectively.

Traders said subdued demand from retailers and stockists at prevailing higher prices,  led to a fall in cashew kernel prices at the wholesale dry fruits market here.
    
Meanwhile, prices ruled steady on weak trading and lacklustre demand.
    
Following are today's quotations in Rs per 40 kg:
    
Almond (California) new Rs 10,850 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 370-375, almond kernel (gurbandi-new) (kg) Rs 305-380.