Cashew declines on subdued demand

New Delhi, Apr 30 (PTI) 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 620-630, Rs 575-580, Rs 510-515 and Rs 440-460 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 fruit market.

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

Almond (California) Rs 9,600 Almond (gurbandi-new) Rs 5,000-5,300 almond (girdhi) Rs 2,700-2,900 and Abjosh Afghani Rs 7,000-20,000.

Almond kernel in per kg (California) Rs 330-340,almond kernel (gurbandi-new) (kg) Rs 320-390.

(Source: http://in.news.yahoo.com/cashew-declines-subdued-demand-085400979.html)