Copper Traders Expect New Lows

Bloomberg: Top China Copper Trader Says Second-Half Slump Stalks Market
“Demand for the second half might not be good and we may face some risks from the global markets,” He said at the Shanghai office of the company he founded in 1993. Maike has a joint venture, HFZ Capital Management Ltd., with Red Kite Group, one of the biggest metals hedge funds.

...“The property industry in China remains weak, with falling investment and fewer new projects, so we can can hardly expect big growth even if basic demand remains stable,” said He.

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