Almond futures down 3 pc on sluggish demand

NEW DELHI: Almond futures fell by over 3 per cent to Rs 400.75 per kg in futures trade today largely in line with sluggish demand against adequate stocks.

At the Multi Commodity Exchange, almond for delivery in June lost Rs 12.50, or 3.02 per cent, to Rs 400.75 per kg, with an open interest of a single lot.

Market analysts said sluggish demand in the spot markets against adequate stocks position mainly kept pressure on almond futures prices.