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Cashew dips on subdued demand

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Press Trust of India New Delhi
Cashew fell by Rs 5 per kg in the national capital today due to subdued demand from retailers and stockists amid adequate stocks.

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

Cashew kernel (No 180, 210, 240 and 230) prices fell Rs 5 to settle at Rs 795-845, Rs 715-735, Rs 665-675 and Rs 610-625 per kg, respectively.

Marketmen said slackened demand from retailers and stockists against increased arrivals, weighed on cashew prices.

Following are today's quotations (per 40 kgs):

Almond (California) Rs 22,700, Almond (Gurbandi-new) Rs 10,000-10,400; Almond (Girdhi) Rs 6,900-7,100; Abjosh Afghani Rs 15,000-20,000.
 

Almond Kernel (California-new) Rs 780-800 per kg, Almond Kernel (Gurbandi-new) Rs 700-800 per kg.

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First Published: Jul 13 2015 | 3:22 PM IST

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