In a range-bound trade, almond prices dropped by Rs 10.50, or 3.02 per cent, to Rs 337.50 per kg in futures trading today, as speculators reduced their positions, driven by a weakening trend at spot markets.
Increased arrivals in the physical market further fuelled the downtrend.
At the Multi Commodity Exchange counter, almond for September dropped by Rs 10.50, or 3.02 per cent, to Rs 337.50 per kg, with an open interest of 39 lots.
However, almond in October delivery held steady at Rs 350 per kg. Marketmen said increased supply in the spot market against sluggish demand pulled down the almond prices in futures trade.
