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Dry fruit prices fall 20% on low demand due to lockdown, US-China tensions

According to traders, the highest decline in dry fruits has come in almonds, cashew and pistachios. There is not much difference in the price of other nuts like walnuts, figs, raisins

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Businessmen believe that the major reason for the large fall in prices is the lockdown.

3 min read Last Updated : Jun 16 2020 | 5:28 PM IST

The prices of dry fruits have declined as much as 20 per cent in the last three months, mainly due to the current US-China tussle and sluggish demand due to the lockdown.

The prices of dry fruits like almond, cashew, or pistachio having high nutritional value have fallen by Rs 200 per kg.

"The prices of all dry fruits, whether it is cashew, pistachio or raisins, have fallen. But most of the decline has come in American almond kernel," Anil Mehra, national president of the Federation of Grocery and Dryfruit Commercial Association (Amritsar) told PTI.

He said good quality almonds

Topics : Lockdown US china relations organic dry fruits

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