Cashew prices down on easing demand

Cashew prices fell Rs 5 per kg in the national capital today due to subdued demand from retailers and stockists amid adequate stocks.

Increased arrivals from producing belts against low demand from bulk consumers also put pressure on the cashew prices.

Cashew kernel (No 180, 210, 240 and 230) prices were down by Rs 5 each to settle at Rs 800-850, Rs 720-740, Rs 670-680 and Rs 615-630 per kg, respectively.

Marketmen said slackened demand from retailers and stockists against increased arrivals, weighed on cashew prices.

Following are today’s quotations (per 40 kgs):

Almond (California) Rs 23,200, Almond (Gurbandi-new) Rs 10,500-10,800; Almond (Girdhi) Rs 7,100-7,300; Abjosh Afghani Rs 15,000-20,000.

Almond Kernel (California-new) Rs 790-810 per kg, Almond Kernel (Gurbandi-new) Rs 750-825 per kg.