Cashew declines on subdued demand

NEW DELHI, June 16:  Cashew prices fell by Rs 10 per kg in the national capital today on subdued demand from retailers and stockists.
Sufficient stocks position following increased arrivals from producing belts too weighed on the cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 10 each to settle at Rs 830-840, Rs 730-740, Rs 610-640 and Rs 520-540 per kg, respectively.
Marketmen said subdued demand from retailers and stockists amid adequate stocks led to the fall in cashew kernel prices at the wholesale dry fruit market here.
Following are today’s quotations (per 40 kg):
Almond (California) Rs 17,700 Almond (Gurbandi-new) Rs 8,300-8,500; Almond (Girdhi) Rs 4,600-4,900; Abjosh Afghani Rs 8,000-22,000.
Almond Kernel (California-new) Rs 610-635 per kg, Almond Kernel (Gurbandi-new) Rs 500-540 per kg. (PTI)