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Almond futures remain weak on sluggish demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:24 AM IST

Almond futures prices fell for the third day by losing Rs 8.50 to Rs 305 per kg today, as speculators continue to reduce their holdings on subdued demand in the spot market.

Adequate stocks positions, following increased arrivals from producing regions also put pressure on the almond futures prices.

At the Multi Commodity Exchange counter, almond for delivery in December fell by Rs 8.50, or 2.71 per cent, to Rs 305 per kg. It clocked a single business lot.

Traders said continued off-loading by speculators on subdued demand in the spot market against adequate stocks position, mainly pulled down almond futures prices.

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First Published: Oct 28 2010 | 3:33 PM IST

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