Financial Daily
from THE HINDU group of publications

Saturday, August 04, 2001





Q1 aluminium output slips target
NEW DELHI: During the first quarter of this fiscal the production of aluminium metal in the country was 1.36 lakh tonnes as against 1.58 tonnes during the same period last year.

Gold may trade in higher range
NOTWITHSTANDING the fact that little has changed in the gold market over the last four months, the sentiment has turned distinctly positive, catching many by surprise. Given the resilience of bullish buying, some have come to believe gold may trade sligh tly higher till the end of the year.

93 pc coffee withdrawn at ICTA sales
THE Indian Coffee Traders' Association (ICTA) auctions on Thursday remained predictably similar to the last few weeks. Of the 688 MT of coffee on offer, only 7 per cent was sold as most of it was withdrawn. Whatever was traded, was mainly by the local tr aders. Domestic prices dropped by Rs 2-3 on all varieties.

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