Copper Jumps Most in 10 Months on Bets Japan’s Demand to Climb
This article is for subscribers only.
Copper jumped the most in 10 months on speculation that demand may increase as Japan rebuilds after last week’s earthquake and tsunami.
Reconstruction and refurbishing of damaged plants, buildings and infrastructure should lead to greater commodity consumption, particularly building materials, James Steel, an analyst at HSBC Securities in New York, said in a report this week.