Almond kernel: not expected to ease - 17 May, 2016

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Almond kernel is unlikely to ease in the next 6-7 days. Almond kernel California rose by Rs 25 to Rs 560 per kilogram at the weekend owing to strong buying from stockists. According to the latest data, about 406 containers of almond and only two containers of kernel arrived in April. Further the talks are about booking rate to be increased in the market. Because of this, the outlook is bullish. Almond kernel is not expected to ease in the coming days.

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