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  • Almond up 2.9% on spot demad

    Jun 12th, 2013

    <p>Almond futures prices today rose by 2.99% to Rs 482.75 per kg as speculators enlarged their positions, tracking a firming trend at spot market on pick-up in demand. At the Multi Commodity Exchange, almond for delivery in June rose by Rs 14, or 2.99%, to Rs 482.75 per kg in business turnover of just one lot.</p> <p>Market analysts said speculators enlarged their positions, tracking a firming trend at spot market on pick-up in demand, mainly pushed up almond prices at futures trade. They said speculators also hoped the weak rupee would make import of almond costlier and indulged in buying at current levels.</p> <p>&nbsp;</p>


    Source: Business-Standard.
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