Quotes by Hiroyuki Kitakata

“A series of geopolitical concerns are supporting the market.”

“Metals are rising very fast, but this bullish trend should stay during the first half of the year.”

“The biggest concern is Nigerias sabotage attacks over the weekend. But other supply concerns, like OPEC and Ecuador, are accumulating.”

“The market has been volatile recently and overall falls in commodities, including oil, dragged down copper.”

“The only news will be the U.S. stocks. But on the geopolitical front, the upside risk is more than the downside.”

“Prices will remain volatile for a while, but I dont think copper will fall repeatedly as the long-term trend for the metal is still considered to be bullish.”

“There has been some position-squaring before the Easter holidays.”

“Losing Iran supplies will have a massive impact on the market, and there is no way that other Middle East producers are going to be able to make up for that loss.”

“Risks that have been supporting the market remain unresolved, and Chinas strong demand will have impact on the market fundamentals.”