Almond futures fall 3% on subdued demand; adequate stocks

NEW DELHI: Almond prices fell by Rs 13.50, or 3 per cent to Rs 435.50 per kg in futures trade today as speculators offloaded their positions, tracking a weak trend at spot market on subdued demand.

At the Multi Commodity Exchange, almond for delivery in January fell by Rs 13.50, or 3 per cent to Rs 435.50 per kg in just single lot.

Market analysts said subdued demand in the spot market against fresh arrivals from overseas markets, mainly put pressure on almond prices at futures trade.