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Almond rises 2.96% on spot demand

Restricted arrivals from producing regions also supported prices

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Press Trust of India New Delhi

In limited deals, almond prices rose by Rs 12.50 to Rs 435.25 per kg in futures trading today as speculators created fresh positions amid a rise in demand in the spot market.

At the MCX, almond for delivery in June rose by Rs 12.50, or 2.96%, to Rs 435.25 per kg in single lot.

Analysts attributed the rise in almond futures to pick-up in demand in the spot market against restricted arrivals from producing regions.

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First Published: May 30 2012 | 3:20 PM IST

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