Summary Box: Copper rises on demand expectations

AP News
Posted: Mar 16, 2011 3:51 PM

REBUILDING JAPAN: Copper prices rose on expectations that Japan will need more of the metal as it rebuilds after the devastating earthquake and tsunami. The metal is used in manufacturing an array of materials, including pipes and wiring for construction.

MIDDLE EAST TENSIONS: Oil prices settled higher as anti-government clashes continued in Bahrain. Traders are concerned about oil supply disruptions, particularly if the unrest spreads to nearby Saudi Arabia.

WHAT'S NEXT: Traders are awaiting more details about what is next for Japan, which has the world's third-largest economy and is a major importer of raw materials.