Commodities Comment:Copper Survey
类型：投资策略 机构：麦格理证券股份有限公司 研究员：麦格理证券研究所 日期：2015-02-02
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The year of 2015 kicked off with a free-fall in the copper price and adeterioration in the fundamentals for copper. The latest result from theJanuary issue of China Copper Survey tells a rather dim story about Chinesecopper demand in this off -season and indicates further weakness infundamentals into Chinese New Year. While the building of visible stockweighs on the copper market in the short term, we are gaining moreconfidence in a modest recovery in copper demand by 2Q15.
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