Monday, November 29, 1999

Almond prices weak on profit-booking

News posted by www.newsinfoline.com

New Delhi, July 29 (PTI) Almond futures prices declined by Rs 3.75, or 1.14 per cent, to Rs 326 per kg today, as speculators booked profits at existing higher levels. Weak trend in the spot markets followed by fresh arrivals from overseas market, against sluggish demand also put pressure on the prices. At the Multi Commodity Exchange, almond for September contract declined by Rs 3.75, or 1.14 per cent, to Rs 326 per kg, with a trading volume of one lot. Traders said profit-booking by speculators and weak trend in the spot market mainly led to a fall in almond prices in futures trade.

News posted by www.newsinfoline.com

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