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Japan’s Top Trading Houses to Compete for More Copper Assets
Nov. 17, 2011 01:01PM PST
Base Metals Investing Reuters reported that Japan’s top trading firms are likely to compete for copper mines across the world.
Reuters reported that Japan’s top trading firms are likely to compete for copper mines across the world.
As quoted in the market news:
The competition is likely to drive up asset prices for potentially lucrative properties holding the base metal, with the trading houses jostling for the prize of becoming the top supplier for the world’s fifth biggest copper market and to tap surging demand in China and other emerging markets.
