Cashew falls on sluggish demand

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

Chilgoza (roasted) (1 kg) Rs 1,500-1,600 Cashew kernel 1 kg (no 180) Rs 635-645 Cashew kernel (no 210) Rs 590-600 Cashew kernel (no 240) Rs 525-535 Cashew kernel (no 320) Rs 440-460 Cashew kernel broken 2 pieces Rs 440-445 Cashew kernel broken 4 pieces Rs 390-425

Cashew kernel broken 8 pieces Rs 280-350 Copra (qtl) Rs 7,950-8,050 Coconut powder (25 kg) Rs 2,900-3,000 Dry dates red (qtl) Rs 3,700-9,000 Fig Rs 8,000-15,000 Kishmish Kandhari local Rs 8,500-8,800 Kishmish Kandhari special Rs 12,500-20,000

Kishmish Indian yellow Rs 3,600-4,200 Kishmish Indian green Rs 5,000-7,000 Pistachio Irani Rs 750-800 Pistachio Hairati Rs 995-1,115 Pistachio Peshawari Rs 1,295-1,345 Pistachio Dodi (roasted) 530-600 Walnut Rs 250-300 Walnut kernel (1 kg) Rs 500-775.

(Source: http://www.business-standard.com/india/news/cashew-fallssluggish-demand/127717/on)