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Almond falls 3% on subdued demand, adequate stocks

January delivery fell by Rs 13.50, or 3% to Rs 435.50 per kg

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Press Trust of India New Delhi

Almond prices fell by Rs 13.50, or 3% to Rs 435.50 per kg in futures trade today as speculators offloaded their positions, tracking a weak trend at spot market on subdued demand.

At the Multi Commodity Exchange, January delivery fell by Rs 13.50, or 3% to Rs 435.50 per kg in just single lot.

Market analysts said subdued demand in the spot market against fresh arrivals from overseas markets, mainly put pressure on almond prices at futures trade.

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First Published: Dec 12 2012 | 1:42 PM IST

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