Reported 9 months ago
Pierre Andurand, known for his bold energy market bets, is now moving away from crude oil trading and shifting towards a bullish outlook on copper and cocoa futures. Andurand Capital Management recently exited long positions in oil futures, citing a 'mixed' outlook on the market and stating they will reengage once there is greater clarity on the supply side. The firm remains optimistic about copper and cocoa prices despite recent fluctuations and supply challenges in both markets.
Source: YAHOO