THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, May 07, 2001

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Commodities

Commodities
Aluminium: Showing mettle
ALTHOUGH the scope for a significant consolidation-led price stability in aluminium is slowly fading, there is a growing consensus among analysts and commodity observers that international prices of aluminium may remain firm in 2001.

Sheep nappa business hit hard
trading continued in the Periamet leather market in general. Traders/manufacturers dealing in sheep nappa lost Rs 5-10 a

Gold poised for short-term rise
BREAKING its continued softness, gold firmed up in the latter half of last week to first pierce through $265 an ounce level and then stayed on. Official Friday price was $266.60/oz (London PM fix), a gain of 0.8 per cent week-on-week, following technical buying interest, some further short-covering, another pick-up in lease rates and a weaker dollar.


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