Sharekhan Commodities Buzz dated March 21, 2007

[Sunil]

 

Commodities Buzz [March 21, 2007] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Nickel Loses $2,000 as the market re-evaluates extraordinary prices The metal was subjected to heavy selling along with profit booking spurred by the statement of Jinchuan Group Co, China's biggest producer, calling 41% rise in this metal in this year as "madness". The company added that such prices have led to "irrational investment" in production which would result in increased production. "Crazy" prices will spur higher production.

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

 

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