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.

Adequate stocks 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 615-625, Rs 575-580, Rs 510-515 and Rs 430-450 per kg, respectively.

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

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

Almond (California) Rs 9,750 Almond (gurbandi-new) Rs 4,900-5,000 almond (girdhi) Rs 2,650-2,700 and Abjosh Afghani Rs 7,000-20,000 Almond kernel in per kg (California) Rs 338-348,almond kernel (gurbandi-new) (kg) Rs 300-360

Chilgoza (roasted) (1 kg) Rs 1,500-1,600 Cashew kernel 1 kg (no 180) Rs 615-625 Cashew kernel (no 210) Rs 575-580 Cashew kernel (no 240) Rs 510-515 Cashew kernel (no 320) Rs 430-450 Cashew kernel broken 2 pieces Rs 380-440

Cashew kernel broken 4 pieces Rs 360-410 Cashew kernel broken 8 pieces Rs 280-350 Copra (qtl) Rs 7,500-7,600 Coconut powder (25 kg) Rs 3,000-4,000 Dry dates red (qtl) Rs 3,700-9,000 Fig Rs 7,500-15,000

Kishmish Kandhari local Rs 9,000-9,500 Kishmish Kandhari special Rs 13,500-26,500 Kishmish Indian yellow Rs 4,000-5,200 Kishmish Indian green Rs 5,600-7,800

Pistachio Irani Rs 680-700 Pistachio Hairati Rs 990-1,040 Pistachio Peshawari Rs 1,225-1,275 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-/133044/on)