Sharekhan Commodities Buzz dated June 13, 2006

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Sunil

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Jun 13, 2006, 7:57:53 AM6/13/06
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Commodities Buzz
[June 13, 2006] Please see the attachment for details
Share khan
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Summary of Contents
 
 
COMMODITIES BUZZ

Copper: Sell on rise
Copper closed at $7,040 per tonne on the LME yesterday. The growth prospects of the various economies are clouded, affecting the prospects of an increase in the demand for copper. Along with the seasonal correction, concerns about the world's economic growth are looming large on the counter. Expect the various economic data from the USA to have an impact on the counter, which will result in high volatility. The US inflation data should also have an impact on the counter. The weakness is likely to persist and hence sell on rise.
Regards,
The Sharekhan Research Team
myac...@sharekhan.com


Commodities Buzz-June 13.pdf
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