Almond rises 2.96% on spot demand

Restricted arrivals from producing regions also supported prices

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.