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  • Cashew price declines on sluggish demand

    Jan 8th, 2013

    <p>Cashew prices fell by ` 5 per kg in the national capital today owing to sluggish demand from retailers and stockists. Sufficient stocks position following increased arrivals from producing belts also weighed on the cashew prices.</p> <p>Cashew kernel (No 180, 210, 240 and 230) prices fell by ` 5 each to settle at ` 695-750, ` 670-690, ` 590-610 and ` 510-560 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.</p> <p>The following are today&#39;s quotations (per 40 kg): Almond (California) ` 14,500 Almond (Gurbandi-new) ` 7,000-7,600; Almond (Girdhi) ` 3,200-3,800; Abjosh Afghani ` 8,000-20,000. Almond Kernel (California-new) ` 495-530 per kg, Almond Kernel (Gurbandi-new) ` 350-450 per kg.</p> <p>&nbsp;</p>


    Source: Financial Express.
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