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Friday, March 11, 2011 10:02:15 PM
Published on: March 11, 2011 at 22:20
The quake will mean reconstruction that requires commodities such as copper and aluminum.
http://www.commodityonline.com/news/Japan-Earthquake-Base-Metals-may-boom-37163-3-1.html
Copper Rebounds From Three-Month Low in New York as U.S. Equities Rally
By Yi Tian - Mar 11, 2011 1:35 PM CT
http://www.bloomberg.com/news/2011-03-11/copper-rebounds-from-three-month-low-in-new-york-as-u-s-equities-rally.html
“There will likely be a short-term reduction in consumption while power is rationed and the damage is assessed,” Alex Heath, the head of industrial-metals trading at Royal Bank of Canada Europe Ltd. in London said in a report. Over the longer term, “we may actually see a modest increase in consumption in Japan due to the reconstruction that will have to take place.”
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