Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Cashew price declines on sluggish demand

Jan 08 2013, 15:35 IST
Comments 0
SummaryCashew prices fell by Rs 5 per kg in the national capital today owing to sluggish demand.

Cashew prices fell by Rs 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.

Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 5 each to settle at Rs 695-750, Rs 670-690, Rs 590-610 and Rs 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.

The following are today's quotations (per 40 kg): Almond (California) Rs 14,500 Almond (Gurbandi-new) Rs 7,000-7,600; Almond (Girdhi) Rs 3,200-3,800; Abjosh Afghani Rs 8,000-20,000.

Almond Kernel (California-new) Rs 495-530 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.

Ads by Google

More from Commodities

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...