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Natural Gas Is Top Pick at Bank of China During Commodities Rout

  • There’s a risk prices will go higher over winter, Xiao Fu says
  • Zinc and aluminum are preferred among metals, she says
Bloomberg business news
WATCH: Currie of Goldman discusses the impact of the dollar’s rise on commodities markets, global oil production capacity, and natural gas demand.Source: Bloomberg

Bank of China International Ltd. sees natural gas as the star performer in an otherwise bleak commodities outlook, with zinc and aluminum offering the best prospects among metals.

“Some companies think gas has fallen from its peak, but there’s a risk for some squeeze over the winter,” said Xiao Fu, the London-based head of commodity strategy, adding it could outperform in the next one or two years.