Cashew falls on sluggish demand

New Delhi, Mar 3 (PTI) Cashew prices fell by Rs 5 per kg in the national capital today due to reduced offtake by retailers and stockists at existing higher levels.
Adequate 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 635-645, Rs 590-600, Rs 525-535 and Rs 440-460 per kg, respectively.
Market analysts said reduced offtake by 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 10,000 Almond (gurbandi-new) Rs 4,900-5,100 almond (girdhi) Rs 2,850-2,950 and Abjosh Afghani Rs 7,000-20,000.
Almond kernel in per kg (California) Rs 350-360, almond kernel (gurbandi-new) (kg) Rs 325-425.

(Source: http://news.in.msn.com/business/article.aspx?cp-documentid=4989205)