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  • Cashew prices decline on subdued demand

    Feb 20th, 2013

    <p>Cashew prices fell by ` 5 per kg in the national capital today largely influenced by subdued demand from retailers and stockists.</p> <p>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 ` 10 each to settle at ` 680-740, ` 660-680, ` 580-600 and ` 500-550 per kg, respectively.</p> <p>Marketmen said fall in demand from retailers and stockists amid adequate stocks, mainly led to the fall in cashew kernel prices.</p> <p>The following are today&#39;s quotations (per 40 kg): Almond (California) ` 14,300 Almond (Gurbandi-new) ` 7,100-7,600; Almond (Girdhi) ` 3,100-3,400; Abjosh Afghani ` 8,000-20,000.</p> <p>Almond Kernel (California-new) ` 485-525 per kg, Almond Kernel (Gurbandi-new) ` 350-450 per kg.</p> <p>&nbsp;</p>


    Source: Economictimes.Indiatimes.com
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