Sharekhan Commodities Buzz dated May 25, 2007

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Commodities Buzz [May 25, 2007] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Soy bean: Short covering Strength in soy oil and mustard seed futures resulted in some short covering in the counter. The counter has been falling mainly due to good monsoon forecast. However, rise in international edible oil prices and spill-over effect in the domestic markets led to short covering in the market. June soy bean on NCDEX closed at Rs1,516.50 per 100kg, up Rs17.50 from Wednesday. June contract would move between Rs1,500 and Rs1,530 per quintal.

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