India Rising Offers Boost for Commodities, Australia Says: Chart

Rising requirements for raw materials in India will create a key new market for energy to metals exporters -- though the scale of the extra demand will be hard to gauge until the economy’s growth path becomes clearer, according to a report by Australia’s industry ministry on Friday. Annual consumption of copper may rise between 9 percent to 18 percent by 2035, while demand for steel-making coal could increase between 1 percent and 10 percent, it said.

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