Sign in with Google
bullish
EM Watch: China is preparing something BIG!
993 Views11 Apr 2024 01:18
SUMMARY
- The below chart of ours have made the rounds in recent days and weeks as China seems to be preparing for something big given the heavy restocking efforts in Copper space.
- As the price trends are diverging in copper versus steel and iron ore, the strategic initiatives of China are becoming increasingly evident in price action across the commodity complex, but we are yet to fully understand and accept the ramifications for global rates.
- We have read plenty of bad takes on why China is building up copper reserves and the most obvious reason seems to be neglected by many.
Related Insights
More »Loading
Trending Collections
More »Loading
Trending Insights
More »- HSTECH Index Rebalance Preview: BYD (1211 HK) Could Replace China Literature (772 HK); Huge Trade
- CATL: Key Highlights in 1Q 2025 and PHIP Updates on Hong Kong Listing
- CATL (3750 HK) H-Share IPO: Fast Entry to Global Indices Is Touch & Go
- CATL A/H Listing - High Quality, Large Size Make It Unavoidable but Needs a Discount
- HSCEI Index Rebalance Preview: Pop Mart (9992 HK) Could Replace Sunny Optical (2382 HK)
Top Unpaywalled Insights
More »Loading
Discussions
(Paid Plans Only)
- EM Watch: The China bet and the copper story are both old hat by now06 Jun 2024
- EM Watch: Have Copper markets been hit by a bus full of tourists or by the Chinese economy?23 May 2024
- EM Gold Rush: The pressure valve amid Asian FX debasement risks?18 Apr 2024
- EM Watch: China is preparing something BIG!11 Apr 2024
- EM Cycle Watch: South Korea a good buy?29 Feb 2024
- EM by EM #43: Rand’s Reckoning?15 Feb 2024
x