Monday, April 22, 2013
Cashew declines on subdued demand
NEW DELHI: Cashew prices fell by Rs 5 per kg in the national capital today owing tosluggish demand from retailers and stockists.
Sufficient stocks position 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 735-755, Rs 675-700, Rs 595-615 and Rs 515-565 per kg, respectively.
Marketmen said fall in demand from retailers and stockists against adequate stocks, mainly led to the fall in cashew kernel prices in the wholesale dry fruit market here.
The following are today's quotations (per 40 kg): Almond (California) Rs 13,400 Almond (Gurbandi-new) Rs 7,200-7,600; Almond (Girdhi) Rs 3,200-3,400; Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 480-495 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.
Source: India Times
This post was written by: HaMienHoang (admin)
Click on PayPal buttons below to donate money to HaMienHoang:
Follow HaMienHoang on Twitter
0 Responses to “Cashew declines on subdued demand”
Post a Comment