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

Monday, August 13, 2001

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Commodities

Commodities
Weak demand outweighs aluminium output cut
THE negative impact of weakening demand for aluminium is outweighing the bullish impact of production cuts. With demand weakness spreading around the world, a downside for prices in the near-term seems imminent.

Naphtha: Prices may soften
International and domestic naphtha prices have softened in the last one month following over-supply in the market. Far East naphtha is now being quoted at around $231 per tonne, down from around $270 per tonne a couple of months ago.


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