One of the latest metal hedge funds said that China would bring more pain to metals.
The biggest rout in the metal industry is likely to worsen as mining companies fail to cut production enough to offset the slowdown in demand, according to Citrine Capital Management LLC.
New York-based Citrine Capital Management LLC is one of the few surviving hedge funds investing exclusively in metals, with Red Kite Group.
Galena Metals Fund is the leading fund owned trading house Trafigura Pte., Closed last month due to "difficult conditions prevailing on the commodity markets."
E.Dimitrov JrTrader
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