Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Launch of Project Vault to Change Short-Term: Copper Back to 14k USD/Ton In Play

Copper: Comex Spread Unwind On Trump Tariff Implosion

Southern Copper Correction Provides An Opportunity

Copper Breaks 12k USD/Ton: Move To 13k USD/Ton By Early Next Year

Copper: Steady Path to 13k USD/Ton, With Capstone (CS CN) Being The Latest Supply Casualty

Copper Breaks 13,000 USD/Ton, Upgrades To Equities To Gain Momentum

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>The <a href="https://www.scmp.com/economy/china-economy/article/3341633/chinas-gold-fever-sparks-us1-billion-scandal-trading-platform-collapses" target="_blank" rel="noopener">JWR platform collapse</a> prompted widespread liquidation of gold and silver in China, as investors feared similar platform failures could affect their bullion investments. Shanghai Futures Exchange has raised margins.</li>
<li>The announcement of <a href="https://www.ft.com/content/5c1af439-a1a1-4684-b27e-21a527abe676" target="_blank" rel="noopener">Kevin Warsh's nomination</a>, who is generally viewed as a hawk, also compounded fears of a dollar comeback and weaker metal pricing.</li>
<li>While we are constructive on copper in the long term and see 14,000 USD/ton within reach, we see a decent short-term correction in the metal this month. </li>
</ul>


The JWR platform collapse prompted widespread liquidation of gold and silver in China, as investors feared similar platform failures could affect their bullion investments. Shanghai Futures Exchange has raised margins.
The announcement of Kevin Warsh's nomination, who is generally viewed as a hawk, also compounded fears of a dollar comeback and weaker metal pricing.
While we are constructive on copper in the long term and see 14,000 USD/ton within reach, we see a decent short-term correction in the metal this month. 


Copper Great Long-Term, But Short-Term Retrace To 12k USD/Ton Or Lower