Monday, February 23, 2009

India: Cashew, pistachio prices down on subdued demand

Cashew and pistachio prices fell by up to Rs 15 per kg in the national capital on Thursday on subdued demand from retailers and stockists amidst increased arrivals from producing belts.

Cashew kernel broken (2, 4 and 8 pieces) declined by Rs 5 each to Rs 230-270, Rs 220-265 and Rs 200-250 per kg respectively, due to lack of buying support. Pistachio hairati and peshawari traded lower at Rs 620-660 and Rs 725-760 against yesterday's close of Rs 630-675 and Rs 730-765 per kg, respectively.

Marketmen said subdued demand from retailers and stockists against increased arrivals from producing belts mainly attributed fall in cashew and pistachio prices in the wholesale dry fruit market.

Meanwhile, prices of other dry fruits ruled steady on scattered deals.

Following were today's quotations Rs per 40 kg:

Almond (California) new Rs 8,800, Almond (gurbandi) Rs 5,000 almond (girdhi) Rs 3,000-3,100 and Abjosh Afghani Rs 6,000-14,000.

Almond kernel in per kg (California) Rs 305-310, almond kernel (gurbandi) (kg) Rs 340-385.


Source: hindu.com

Publication date: 2/20/2009

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