Cashew declines on subdued demand

NEW DELHI, June 16: Cashew prices fell up to Rs 15 per kg in the national capital today, owing to fall in demand from retailers and stockists.
Adequate stocks position following increased arrivals from producing belts also weighed on the cashew prices.
Cashew kernel (No 180, 210, 240 and 320) prices fell up to Rs 15 to settle at Rs 665-740, Rs 640-680, Rs 560-610 and Rs 565-580 per kg, respectively.
Marketmen said sluggish demand from retailers and stockists against adequate stocks mainly led to decline in cashew kernel prices.
The following are today’s quotations (per 40 kg):
Almond (California) Rs 11,800 Almond (Gurbandi-new) Rs 6,400-7,100; Almond (Girdhi) Rs 2,800-3,000; Abjosh Afghani Rs 6,000-20,000.
Almond Kernel (California) Rs 425-430 per kg, Almond Kernel (Gurbandi-new) Rs 320-440 per kg. (PTI)