Newssummary: Fund Manager Concerned about Slower Q4 Copper Demand, LME Week Asia

SHANGHAI, May 21 (SMM) – Red Kite Group’s fund manger expressed concerns over a potential slowdown in the final quarter of 2015 while attending the LME Week Asia Metals Seminar held in Hong Kong 20 May, wenhua.com.cn reported.

Shen Haihua, senior portfolio manager of Red Kite Group said at the LME Week that copper consumption in the latter half, particularly fourth quarter, is worrisome.

As for copper prices, Shen noted that prices have been and may be more vulnerable to macroeconomic conditions.

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