Cashew declines on subdued demand

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

Comfortable stocks 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 620-630, Rs 585-590, Rs 520-525 and Rs 435-450 per kg, respectively.

Market analysts said subdued demand 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 10,000 Almond (gurbandi-new) Rs 4,800-4,900 almond (girdhi) Rs 2,650-2,700 and Abjosh Afghani Rs 7,000-20,000 Almond kernel in per kg (California) Rs 350-360, almond kernel (gurbandi-new) (kg) Rs 300-370

Chilgoza (roasted) (1 kg) Rs 1,500-1,600 Cashew kernel 1 kg (no 180) Rs 620-630 Cashew kernel (no 210) Rs 585-590 Cashew kernel (no 240) Rs 520-525 Cashew kernel (no 320) Rs 435-450 Cashew kernel broken 2 pieces Rs 380-430 Cashew kernel broken 4 pieces Rs 360-410

Cashew kernel broken 8 pieces Rs 280-350 Copra (qtl) Rs 7,300-7,400 Coconut powder (25 kg) Rs 2,600-2,900 Dry dates red (qtl) Rs 3,700-9,000 Fig Rs 6,000-15,000 Kishmish Kandhari local Rs 8,500-8,800 Kishmish Kandhari special Rs 12,500-25,000

Kishmish Indian yellow Rs 3,600-4,400 Kishmish Indian green Rs 5,800-8,800 Pistachio Irani Rs 680-700 Pistachio Hairati Rs 1,000-1,050 Pistachio Peshawari Rs 1,250-1,300 Pistachio Dodi (roasted) 500-550 Walnut Rs 180-300 Walnut kernel (1 kg) Rs 500-800

(Source: http://www.business-standard.com/india/news/cashew-declinessubdued-demand/129692/&tp=on)