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Japan's trading firms give bleak outlook for commodity prices

Published Sun, Nov 8, 2015 · 09:50 PM
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Tokyo

JAPAN'S five biggest trading houses have given up hopes for a quick rebound in commodity prices, with top-ranked Mitsubishi revising its outlook for a recovery to 2018 from 2017.

Like international oil majors and mining companies, Japan's trading firms have been caught flat-footed by the rout in commodities brought about by softening demand from top consumer China where economic growth has slowed.

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