Almond, cashew prices fall

NEW DELHI, MARCH 17:

Almond and cashew prices declined at the wholesale dry fruits market during this week, due to fall in demand from local traders and stockists due to off-marriage season. Increased arrivals from producing belts also put pressure on the prices.

Sentiments turned bearish following fall in demand from stockists and retailers at higher prices amid increased supplies.

Almond California prices fell Rs 100 to finish at Rs 11,000 per 40 kg while its kernel traded lower by Rs 5 at Rs 385-395 per kg from Rs 390-400 per kg.

Cashew kernel (No 180, 210, 240 and 320) prices fell Rs 5 each to settle at Rs 595-610, Rs 545-565, Rs 515-555 and Rs 475-515, respectively, while its pieces (2 and 4) traded lower at Rs 325-370 and Rs 310-355 against the previous mark of Rs 330-380 and Rs 320-360 per kg, respectively.

Copra prices dropped by up to Rs 100 to finish at Rs 7,100-7,200 per quintal. Kishmish Indian yellow and green prices fell Rs 300 each to conclude at Rs 4,200-5,200 and Rs 4,500-7,200 per 40 kg, respectively.

Pistachio hairati and peshawari also eased by Rs 20 each to settle at Rs 850-880 and Rs 1,250-1,300 per kg, respectively.

Source: http://www.thehindubusinessline.com/markets/commodities/article3006223.ece