India: Cashew falls on subdued demand

Cashew prices declined by Rs 5 per kg in the national capital today owing to a fall in demand from retailers and stockists. 

Adequate stocks position on increased arrivals from producing belts also weighed heavy on the cashew prices.

Cashew kernel (No 180, 210, 240 and 320) prices fell by Rs 5 each to settle at Rs 630-640, Rs 590-595, Rs 530-535 and Rs 445-465 per kg respectively.  

Marketmen said subdued demand from retailers and stockists against adequate stocks mainly put pressure on 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 4,900-5,000 almond (girdhi) Rs 2,700-2,750 and Abjosh Afghani Rs 7,000-20,000 Almond kernel in per kg (California) Rs 350-360,almond kernel (gurbandi-new) (kg) Rs 300-360

Chilgoza (roasted) (1 kg) Rs 1,500-1,600 Cashew kernel 1 kg (no 180) Rs 630-640 Cashew kernel (no 210) Rs 590-595 Cashew kernel (no 240) Rs 530-535 Cashew kernel (no 320) Rs 445-465 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-fallssubdued-demand/131778/&tp=on)