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    Home > Chemicals Industry > Chemical Technology > Hedge Funds: The copper price rebound is not an improvement in global copper demand

    Hedge Funds: The copper price rebound is not an improvement in global copper demand

    • Last Update: 2022-11-18
    • Source: Internet
    • Author: User
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    Since late January 2015, global copper prices have rebounded by 20%, and many investors have blindly increased their investment, hoping to enter the bull market through this five-year low rebound
    .
    However, hedge fund managers said they did not believe this was a sign
    of improving global copper demand.

    The Chinese government has recently taken steps to boost economic growth, with investors pouring money into copper this year, some of which has gone into Chinese hedge funds, boosting domestic commodity derivatives trading
    .
    Today, derivatives markets are growing faster than traditional markets
    such as the London Metal Exchange.

    Shen Haihua, senior portfolio manager at Red Kite Asset Management, said China's copper demand in the future will deteriorate, not improve
    .
    The company said demand would weaken
    in the second half of the year.

    Since late January 2015, global copper prices have rebounded by 20%, and many investors have blindly increased their investment, hoping to enter the bull market through this five-year low rebound
    .
    However, hedge fund managers said they did not believe this was a sign
    of improving global copper demand.

    copper

    The Chinese government has recently taken steps to boost economic growth, with investors pouring money into copper this year, some of which has gone into Chinese hedge funds, boosting domestic commodity derivatives trading
    .
    Today, derivatives markets are growing faster than traditional markets
    such as the London Metal Exchange.

    Shen Haihua, senior portfolio manager at Red Kite Asset Management, said China's copper demand in the future will deteriorate, not improve
    .
    The company said demand would weaken
    in the second half of the year.

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