Almond up 2.9% on spot demand

Almond futures prices today rose by 2.99% to Rs 482.75 per kg as speculators enlarged their positions, tracking a firming trend at spot market on pick-up in demand.
    
At the Multi Commodity Exchange, almond for delivery in June rose by Rs 14, or 2.99%, to Rs 482.75 per kg in business turnover of just one lot.
        
Market analysts said speculators enlarged their positions, tracking a firming trend at spot market on pick-up in demand, mainly pushed up almond prices at futures trade.
     
They said speculators also hoped the weak rupee would make import of almond costlier and indulged in buying at current levels.