Base Metals

Bloomberg reports copper, iron ore and beef are likely to benefit from rising demand in Japan.

Bloomberg reports copper, iron ore and beef are likely to benefit from rising demand in Japan.

The market news is quoted as saying,

Rebuilding may drive demand for steelmaking materials and metals used in construction, saidBen Westmore, a commodities economist at National Australia Bank Ltd. in Melbourne. Demand for imported beef and dairy products may increase because of damage to local protein supply, Rabobank Australia Ltd. analyst Wayne Gordon said on April 1.

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