Sharekhan Commodities Buzz dated April 11, 2007

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Apr 11, 2007, 6:47:03 AM4/11/07

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Commodities Buzz
[April 11, 2007] Please see the attachment for details

Share khan
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Summary of Contents

COMMODITIES BUZZ

Soy oil: Overseas cues very positive

Soy oil futures were subdued yesterday tracking overnight losses in soy futures on Chicago Board of Trade. However, towards the close of the trade the front-month contract on NCDEX recouped its losses to close Rs0.10 per 10kg higher at Rs474.55 tracking gains in the Malaysian crude oil palm futures. However, this morning palm oil futures were again trading very strong and were quoting near the 2,200 ringgit mark.

Regards,
The Sharekhan Research Team

myac...@sharekhan.com

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