Cashew declines on subdued demand

New Delhi, June 27 (PTI) Cashew prices declined by Rs 5 per kg in the national capital today owing to fall in demand from retailers and stockists.

Sufficient stocks following increased arrivals from producing belts also weighed on the cashew prices.

Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 5 each to settle at Rs 650-670, Rs 600-625, Rs 550-575 and Rs 500-550 per kg respectively.

Market analysts said subdued demand from retailers and stockists against sufficient stocks mainly led to the fall in cashew kernel prices on the wholesale dry fruit market.

Following are today''s quotations:

Almond (California) Rs 10,800 Almond (Gurbandi-new) Rs 5,100-5,400; Almond (Girdhi) Rs 2,800-3,000; Abjosh Afghani Rs 7,000-20,000.

Almond Kernel (California) Rs 380-390 per kg, Almond Kernel (Gurbandi-new) Rs 340-400 per kg.

Source: http://in.news.yahoo.com/cashew-declines-subdued-demand-095500600.html