Cashew declines as demand falls

Cashew prices fell by Rs 10 per kg in the national capital today as demand declined after Diwali festival.

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 settled at Rs 720-755, Rs 695-705, Rs 615-635 and Rs 545-585 per kg, respectively.

Marketmen said the fall in dry fruit prices was mostly attributed to decline in demand after Diwali festival.

The following are today's quotations (per 40 kg): Almond (California) Rs 12,800 Almond (Gurbandi-new) Rs 7,000-7,800; Almond (Girdhi) Rs 3,200-3,400; Abjosh Afghani Rs 8,000-20,000.

Almond Kernel (California) Rs 450-470 per kg, Almond Kernel (Gurbandi-new) Rs 350-425 per kg.

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on indianexpress.com are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, indianexpress.com reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.