Cashew declines on subdued demand

NEW DELHI, Nov 21:  Cashew prices fell by Rs 5 per kg in the national capital today due to subdued demand from retailers and stockists amid adequate stocks on increased arrivals from producing belts.
Besides, low demand from bulk consumers put pressure on cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices eased by Rs 5 each to settle at Rs 785-795, Rs 710-720, Rs 625-635 and Rs 580-585 per kg, respectively.
Marketmen said slackened demand from retailers and stockists against increased arrivals, led to a fall in cashew prices.
Following are today’s quotations (per 40 kgs):
Almond (California) Rs 22,200, Almond (Gurbandi-new) Rs 10,000-10,400; Almond (Girdhi) Rs 6,900-7,100; Abjosh Afghani Rs 15,000-20,000.
Almond Kernel (California-new) Rs 770-780 per kg, Almond Kernel (Gurbandi-new) Rs 780-860 per kg. (PTI)