Sharekhan Commodities Buzz dated August 07, 2006

[Sunil]

 

Commodities Buzz [August 07, 2006] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Copper: Strike at Escondida may lift prices The red metal is expected to surge higher as the strike at the Escondida mine is likely to start today. The union at the mine and the management has not been able to agree upon an amicable solution to the wage issue. The weakness is likely to persist in the US dollar and it could weaken further ahead of the Federal Reserve meeting on August 8, 2006. Expect copper to be range-bound with positive bias.

Regards, The Sharekhan Research Team myac...@sharekhan.com