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Cashew prices remain weak on sluggish demand

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Press Trust of India New Delhi

Cashew prices declined by Rs 5 per kg in the national capital today due to sluggish demand from retailers and stockists. 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 485-495, Rs 455-460, Rs 380-385 and Rs 340-350 per kg, respectively.

Traders said, subdued demand from retailers and stockists against adequate stocks led to a fall in cashew kernel prices at wholesale dry fruits market.

Meanwhile, prices ruled steady on weak trading and lacklustre demand.

 

Following are today's quotations per 40 kg:

Almond (California) new Rs 11,200 Almond (gurbandi-new) Rs 4,600-4,700 almond (girdhi) Rs 2,600-2,800 and Abjosh Afghani Rs 7,000-16,000.

Almond kernel in per kg (California) Rs 385-390, almond kernel (gurbandi-new) (kg) Rs 305-380.

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First Published: May 14 2010 | 5:25 PM IST

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