Almond futures fall on sluggish demand

In range bound trading, almond prices fell by Rs 10.50 to Rs 359.50 per kg in futures trading today, on sluggish spot market demand against adequate stocks position.   

At the Multi Commodity Exchange, almond for delivery in June fell by Rs 10.50, or 2.84%, to Rs 359.50 per kg, with a business turnover of two lots. 

Analysts said weak trend at the spot market due to sluggish demand mainly pulled down almond prices at futures trade.