Cashew declines on subdued demand

Cashew prices declined by Rs 5 per kg in the national capital today owing to fall in demand from retailers and stockists.

Sufficient stocks in the market 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 645-665, Rs 595-620, Rs 545-570 and Rs 495-545 per kg respectively.  

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

Following are today's quotations:

Almond (California) Rs 10,700 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 370-380 per kg, Almond Kernel (Gurbandi-new) Rs 340-400 per kg.

Chilgoza (Roasted) (1 kg) Rs 1,400-1,500 Cashew Kernel 1 kg (no 180) Rs 645-665 Cashew Kernel (no 210) Rs 595-620 Cashew Kernel (no 240) Rs 545-570 Cashew Kernel (no 320) Rs 495-545 Cashew Kernel Broken 2 pieces Rs 410-490

Cashew Kernel Broken 4 pieces Rs 400-460 Cashew Kernel Broken 8 pieces Rs 350-415 Copra (qtl) Rs 7,500-7,700 Coconut Powder (25 kg) Rs 3,300-4,000 Dry Dates Red (qtl) Rs 4,000-8,500 Fig Rs 7,500-15,000

Kishmish Kandhari Local Rs 10,000-10,500 Kishmish Kandhari Special Rs 13,000-26,000 Kishmish Indian Yellow Rs 4,000-5,200 Kishmish Indian Green Rs 5,600-7,800 Pistachio Irani Rs 680-700

Pistachio Hairati Rs 875-900 Pistachio Peshawari Rs 1,080-1,130 Pistachio Dodi (Roasted) 500-550 Walnut Rs 180-300 Walnut Kernel (1 kg) Rs 450-750

Source: http://www.business-standard.com/india/news/cashew-declinessubdued-demand/139875/on