India Rising Offers Boost for Commodities, Australia Says: Chart

(Bloomberg) -- 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.

To contact the reporter on this story: David Stringer in Melbourne at dstringer3@bloomberg.net.

To contact the editors responsible for this story: Jason Rogers at jrogers73@bloomberg.net, Jake Lloyd-Smith