Cashew declines on low demand

NEW DELHI, July 16:  Cashew prices fell by Rs 5 per kg in the national capital today owing to subdued demand from retailers and stockists amid adequate stocks.
Increased arrivals from producing belts against low demand from bulk consumers also weighed pressure on the cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell Rs 5 each to close at Rs 895-925, Rs 835-845, Rs 745-755 and Rs 675-695 per kg, respectively.
Marketmen said subdued demand from retailers and stockists against increased arrivals, weighed on cashew prices.
Following are today’s quotations 7per 40 kgs):
Almond (California) Rs 16,500-16,700, Almond(Gurbandi-new) Rs 11,000-11,400, Almond (Girdhi) Rs 5,200-5,400; Abjosh Afghani Rs 5,000-22,000.
Almond Kernel (California-new) Rs 580-590 per kg, Almond Kernel (Gurbandi-new) Rs 725-825 per kg. (PTI)