Sharekhan Commodities Buzz dated January 11, 2007

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Sunil

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Jan 11, 2007, 3:49:39 AM1/11/07
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Commodities Buzz
[January 11, 2007] Please see the attachment for details
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Summary of Contents
 
COMMODITIES BUZZ

Zinc: Fundamentals rule the day

Zinc has been punished in the last few sessions on account of the commodity index reweighting (as its weightage has been reduced in the DOW AIG Commodity Index from 4.9% to 2.8%) and the fall in the copper prices. However, with the constructive fundamentals and the gains in copper, zinc bounced back yesterday. The long-term outlook remains bullish, but as of now its fate seems to be tied up with copper.
Regards,
The Sharekhan Research Team
myac...@sharekhan.com



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Commodities Buzz-Jan11.pdf
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