Cashew prices decline on subdued demand

Cashew prices declined by Rs 5 per kg in the national capital today, owing to the fall in demand from retailers and stockists at existing high levels. 

Adequate stocks following increased arrivals from producing belts also weighed down the cashew prices.

Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 5 each to settle at Rs 625-635, Rs 585-590, Rs 525-530 and Rs 440-460 per kg, respectively.

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

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

Almond (California) Rs 9,900 Almond (gurbandi-new) Rs 4,900-5,000 almond (girdhi) Rs 2,700-2,750 and Abjosh Afghani Rs 7,000-20,000 Almond kernel in per kg (California) Rs 345-355, almond kernel (gurbandi-new) (kg) Rs 300-360

Chilgoza (roasted) (1 kg) Rs 1,500-1,600 Cashew kernel 1 kg (no 180) Rs 625-635 Cashew kernel (no 210) Rs 585-590 Cashew kernel (no 240) Rs 525-530 Cashew kernel (no 320) Rs 440-460 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 7,500-7,600 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 8,500-8,800 Kishmish Kandhari special Rs 12,500-25,000 Kishmish Indian yellow Rs 4,000-5,000 Kishmish Indian green Rs 5,600-7,800

Pistachio Irani Rs 680-700 Pistachio Hairati Rs 1,005-1,055 Pistachio Peshawari Rs 1,260-1,310 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-prices-declinesubdued-demand/132269/&tp=on)