Commodity hedge fund Blenheim sees upside in copper, zinc

MELBOURNE Copper and zinc are the two standouts among a brightening outlook for base metals, with supply constraints and China-driven demand set to lift prices in coming months, U.S. commodity hedge fund Blenheim Capital Management said. After a near six-year downturn that bottomed early last year, industrial metals are being driven more by supply and demand fundamentals than global monetary trends, base metals analyst Ingrid Sternby told Reuters in a rare interview. The famously private Blenheim sees interest in commodities finally picking up and Sternby said there’s now “a good…

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