Dry Fruits Prices Fall by Up to 20 Percent

Published on Jul 10, 2020

Dry Fruits Prices Fall by Up to 20 Percent

The current lockdown is mainly due to the decline in prices of dry fruits by up to 20 percent in the last three months. The prices of dry fruits such as almonds, cashews or pistachios have fallen by Rs 200 per kg in higher nutritional value. The prices of all dry fruits, whether cashew, pistachios, or raisins have fallen. But American almonds have declined the most. Good quality almonds which were available two months ago at Rs 700 per kg. Now available at Rs 550 or less. Price has decreased by 15 to 20 percent in the wholesale market. Good quality almonds which were priced at Rs 690 to 800 per kg, are now being sold at Rs 500 to 700 per kg. Similarly, cashew is reduced from Rs 550 to Rs 400 per kg. Good quality pistachios, now priced at Rs 1200, are now being sold for up to Rs 1,000 per kg. The biggest decline in dry fruits is in almonds, cashew, and pistachios. Businessmen believe that the major reason for the major fall in prices is a lockdown. Traders said that the lockout had neither made sweets nor hotels opened or weddings for two months, so there was a huge reduction in demand.

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Published by
Khetigaadi Team

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