Cashew prices decline on subdued demand
Marketmen said fall in demand from retailers and stockists amid adequate stocks, mainly led to the fall in cashew kernel prices.
By PTI | Updated:
NEW DELHI: Cashew prices fell by Rs 5 per kg in the national capital today largely influenced by subdued 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 10 each to settle at Rs 680-740, Rs 660-680, Rs 580-600 and Rs 500-550 per kg, respectively.
Marketmen said fall in demand from retailers and stockists amid adequate stocks, mainly led to the fall in cashew kernel prices.
The following are today's quotations (per 40 kg): Almond (California) Rs 14,300 Almond (Gurbandi-new) Rs 7,100-7,600; Almond (Girdhi) Rs 3,100-3,400; Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 485-525 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.
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 10 each to settle at Rs 680-740, Rs 660-680, Rs 580-600 and Rs 500-550 per kg, respectively.
Marketmen said fall in demand from retailers and stockists amid adequate stocks, mainly led to the fall in cashew kernel prices.
The following are today's quotations (per 40 kg): Almond (California) Rs 14,300 Almond (Gurbandi-new) Rs 7,100-7,600; Almond (Girdhi) Rs 3,100-3,400; Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 485-525 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Cashew prices likely to spike this festival seasonADVERTISEMENT
