Cashew prices decline on subdued demand
Increased arrivals from producing belts also put pressure on the cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 5 each to settle at Rs 700-760, Rs 680-700, Rs 600-620 and Rs 520-570 per kg, respectively.
Marketmen said fall in demand against adequate stocks mainly led to a fall in cashew kernel prices in the wholesale dry fruit market here.
The following are today's quotations (per 40 kg): Almond (California) Rs 14,600 Almond (Gurbandi-new) Rs 7,100-7,800; Almond (Girdhi) Rs 3,300-4,000; Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 495-545 per kg, Almond Kernel (Gurbandi-new) Rs 400-450 per kg.
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