Almond declines on subdued demand

NEW DELHI, Apr 12:  Almond prices fell by Rs 100 per 40 kg in the national capital today due to subdued demand from retailers and stockists amid adequate stocks.

Increased arrivals from overseas markets also put pressure on the almond prices.

Almond (California) prices fell by Rs 100 to Rs 17,800 per 40 kg and its kernel rates also eased by Rs 5 to Rs 620-640 per kg.

Traders attributed fall in almond prices to subdued demand from retailers and stockists against increased arrivals from overseas markets. This, they said, mainly pulled down almond prices on the wholesale dry fruit market here.

The following were today’s quotations (per 40 kg):

Almond (California) Rs 17,800 Almond (Gurbandi-new) Rs 7,900-8,100; Almond (Girdhi) Rs 4,400-4,700; Abjosh Afghani Rs 8,000-22,000.

Almond Kernel (California-new) Rs 620-640 per kg, Almond Kernel (Gurbandi-new) Rs 500-550 per kg. (PTI)