Cashew declines on subdued demand

Cashew prices declined by Rs 10 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 10 each to settle at Rs 615-625, Rs 570-575, Rs 505-510 and Rs 435-455 per kg, respectively. 

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

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

Almond (California) Rs 9,500 Almond (gurbandi-new) Rs 4,900-5,200 almond (girdhi) Rs 2,600-2,800 and Abjosh Afghani Rs 7,000-20,000 Almond kernel in per kg (California) Rs 325-335,almond kernel (gurbandi-new) (kg) Rs 320-390

Chilgoza (roasted) (1 kg) Rs 1,400-1,500 Cashew kernel 1 kg (no 180) Rs 615-625 Cashew kernel (no 210) Rs 570-575 Cashew kernel (no 240) Rs 505-510 Cashew kernel (no 320) Rs 435-455 Cashew kernel broken 2 pieces Rs 370-430 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 3,300-4,000 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 13,000-26,000 Kishmish Indian yellow Rs 4,000-5,200

Kishmish Indian green Rs 5,600-7,800 Pistachio Irani Rs 680-700 Pistachio Hairati Rs 995-1,045 Pistachio Peshawari Rs 1,220-1,270 Pistachio Dodi (roasted) 500-550 Walnut Rs 180-300 Walnut kernel (1 kg) Rs 450-750

(Source: http://www.business-standard.com/india/news/cashew-declinessubdued-demand-/134354/on)