Cashew declines on subdued demand

NEW DELHI, Oct 18:  Cashew prices eased by Rs 5 per kg in the national capital today largely due to subdued demand from retailers and stockists at existing higher levels.
Sufficient stocks position following increased arrivals from producing belts too weighed on cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 5 each to conclude at Rs 830-850, Rs 710-730, Rs 660-680 and Rs 580-590 per kg, respectively.
Marketmen said fall in demand from retailers and stockists at existing current levels amid adequate stocks mainly led to the fall in cashew kernel prices.
Following are today’s quotations (per 40 kg):
Almond (California) Rs 19,500, Almond (Gurbandi-new) Rs 7,800-8,200; Almond (Girdhi) Rs 4,600-4,800; Abjosh Afghani Rs 18,000-23,000.
Almond Kernel (California-new) Rs 695-710 per kg, Almond Kernel (Gurbandi-new) Rs 600-650 per kg. (PTI)