Pistachio falls on sluggish demand

NEW DELHI: Pistachio prices declined by Rs 5 per kg in the national capital today owing to sluggish demand from retailers and stockists.

Adequate stocks position following increased arrivals from overseas markets also put pressure on pistachio prices.

Pistachio (hairati and peshawari) eased by Rs 5 each to settle at Rs 845-875 and Rs 970-1,000 per kg, respectively.

Traders said sluggish demand from retailers and stockists against fresh arrivals, mainly pulled down pistachio prices on the wholesale dry fruit market here.

The following are today's quotations (per 40 kg): Almond (California) Rs 14,700, Almond (Gurbandi-new) Rs 7,500-7,800, Almond (Girdhi) Rs 4,000-4,500, Abjosh Afghani Rs 8,000-20,000.

Almond Kernel (California-new) Rs 510-525 per kg, Almond Kernel (Gurbandi-new) Rs 400-500 per kg.