查看更多>>摘要：Firm international gold prices are likely to keep importers in India away from the market in the hope prices would fall in the near term, traders said on Monday. They believe global prices may be headed lower but are unlikely to return to 270 dollars to 275 dollars per ounce, a level attractive for Indian importers. "I think we are moving towards a new comfort level of 279 dollars-285 dollars per ounce," a bullion analyst with Agee Gold Refiners said. Spot gold opened higher in Europe at 286.50/287.00 dollars per ounce, against 286.00/286.50 dollars at the close of trade in New York on Friday. Spot gold was quoted at 278 dolalrs-279 dollars a week ago.
查看更多>>摘要：On current reckoning, the outlook for gold does not appear to be positive as hedgers unwind positions and prospects of economic growth in major markets are not promising, according to Mr Paul Walker director of London-based Gold Fields Mineral Services Ltd (GFMS), an independent commodity research and consultancy company "This year, gold market will trade in the range of 270-290 dollars an ounce; it has a slight upside, but not much downside," he said adding that the average price of gold in 2002 would be around 282 dollars/oz.
查看更多>>摘要：A sharp fall in the recall price of cement in Andhra Pradesh1 despite an unofficial cartel, is giving the jitters to south-based cement majors. Cement rates1 pegged at 140 rupees a bag in Hyderabad by the manufacturers7 have crashed to less than 120 rupees a bag in the last fortnight. Dealers maintain that they had to 'undersell' due to lack of demand. This can be partly attributed to builders1 who had observed a token two-day 'purchase bandh' last month.
查看更多>>摘要：The non-availability of adequate railway wagons for export of cement to Bangladesh is perceived by the trade as a major hindrance. Bangladesh is a major player, besides India, in the emerging South Asia Preferential Trade Arrangement (Sapta), and the Railways of both the countries are seen as major trade facilitators. According to trade sources, if the Railway authorities do not provide BCN wagons on a priority basis for movement of cement to Bangladesh, competitors from Indonesia, China and South Korea will sooner or later replace Indian exporters of cement, mainly on account of delay in execution of orders.
NSTL