Cashew declines on subdued demand

NEW DELHI, MAY 4: 

Cashew prices on Saturday fell by Rs 5 per kg in wholesale market here due to subdued 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 settled at Rs 720-740, Rs 660-685, Rs 580-600 and Rs 500-550 per kg, respectively.

The following are today’s quotations (per 40 kg): Almond (California) Rs 13,700 Almond (Gurbandi-new) Rs 7,100-7,500; Almond (Girdhi) Rs 3,400-3,600; Abjosh Afghani Rs 8,000-20,000.

Almond Kernel (California-new) Rs 485-495 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.

Source: Hindu Business Line