Cashew declines on subdued demand

NEW DELHI, July 27:  Cashew prices fell by Rs 10 per kg in the national capital today owing to subdued demand from retailers and stockists.
Sufficient stocks position following increased arrivals from producing belts also weighed on the cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 10 each to settled at Rs 800-900, Rs 750-800, Rs 600-650 and Rs 550-600 per kg, respectively.
Marketmen said fall in demand from retailers and stockists against adequate stocks, mainly led to the fall in cashew kernel prices on the wholesale dry fruit market here.
The following are today’s quotations (per 40 kg):
Almond (California) Rs 15,700 Almond (Gurbandi-new) Rs 7,800-8,200; Almond (Girdhi) Rs 4,500-5,000; Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 550-570 per kg, Almond Kernel (Gurbandi-new) Rs 500-540 per kg. (PTI)