Cashew declines on sluggish demand

NEW DELHI, Dec 12:  Cashew prices fell Rs 5 per kg in the national capital today amid sluggish demand from retailers and stockists amid adequate stocks.
Increased arrivals from producing belts against low demand from bulk consumers also put pressure on cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell Rs 5 each to close at Rs 780-790, Rs 705-715, Rs 620-630 and Rs 580-590 per kg, respectively.
Marketmen said subdued demand from retailers and stockists against increased arrivals weighed on cashew prices.
Following are today’s quotations (per 40 kgs):
Almond (California) Rs 21,500, Almond (Gurbandi-new) Rs 10,000-10,300; Almond (Girdhi) Rs 6,800-7,000; Abjosh Afghani Rs 15,000-20,000.
Almond Kernel (California-new) Rs 750-760 per kg, Almond Kernel (Gurbandi-new) Rs 760-840 per kg. (PTI)