Sharekhan Commodities Buzz dated March 01, 2007

[Sunil]

 

Commodities Buzz [March 01, 2007] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Soy oil: Bottomed out India refined soy oil futures closed higher yesterday as the market factored in the 4% reduction in special additional duty on all imported edible oils announced by the Finance Minister P. Chidambaram in the Budget for 2007-08. In the spot markets, refined soy oil was selling at Rs430 per 10kg (inclusive of value added tax), up Rs4 from Tuesday. Soy oil prices have more of less bottomed out and are consolidating at these levels before firming up.

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

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