Cashew declines on subdued demand

New Delhi, Mar 16 (PTI) Cashew prices declined Rs 5 per kg in the national capital today, largely influenced by subdued demand from retailers and stockists.

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

Cashew kernel (No 180, 210, 240 and 320) prices fell by Rs 5 each to settle at Rs 625-635, Rs 590-600, Rs 525-535 and Rs 440-460 per kg, respectively.

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

Following are today''s quotations in Rs per 40 kg:

Almond (California) Rs 10,100 Almond (gurbandi-new) Rs 4,800-5,000 almond (girdhi) Rs 2,800-2,900 and Abjosh Afghani Rs 7,000-20,000.

Almond kernel in per kg (California) Rs 355-365, almond kernel (gurbandi-new) (kg) Rs 325-400.

(Source: http://in.news.yahoo.com/cashew-declines-subdued-demand-20110316-025000-037.html)