Cashew prices slip on muted demand
Cashew prices fell by Rs 5 per kg at the wholesale dry fruit market in the national capital today owing to subdued demand from retailers and stockists amid adequate stocks.
Increased arrivals from producing regions against slackened demand from bulk consumers also weighed pressure on the cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 5 each to conclude at Rs 1,085-1,090, Rs 980-990, Rs 880-890 and Rs 760-780 per kg, respectively.
Marketmen said, subdued demand from retailers and stockists against adequate stocks weighed on cashew prices.
Following are today's quotations (per 40 kgs):
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