Almond futures fall on sluggish demand

In a range-bound trade, almond futures prices fell by Rs 11, or 3.03 per cent, to Rs 352.50 per kg, as traders reduced their positions on sluggish demand in spot markets.

Adequate stocks in the physical market also put pressure on the almond futures prices.

At the Multi Commodity Exchange counter, almond for delivery in October fell by Rs 11, or 3.03 per cent, to Rs 352.50 per kg.

Marketmen said traders reduced their positions on decline in demand at spot markets, which led to a fall in almond futures prices.