Sharekhan Commodities Buzz dated December 07, 2006

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Sunil

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Dec 7, 2006, 1:21:01 AM12/7/06
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Commodities Buzz
[December 07, 2006] Please see the attachment for details
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Summary of Contents
 
COMMODITIES BUZZ

Soybean: Volatile moves

Soybean futures closed lower after opening higher. The spot prices were higher due to continued buying by the extractors. However, bird flu has turned the sentiment very weak in the entire soy complex. Stock liquidation by the wholesalers due to fears of a drop in soy meal prices because of the bird flu scare in South Korea also kept the prices down.
Regards,
The Sharekhan Research Team
myac...@sharekhan.com



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Commodities Buzz-Dec07.pdf
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