Marubeni: Offsetting Commodity Effects And Secular Support Means Discounts Unwarranted
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Marubeni benefits from rising copper prices and potential power business gains due to a colder winter. Despite challenges in coking coal due to China's weakness, Marubeni's discount compared to other Japanese trading houses seems unwarranted.
February 18, 2025 | 4:15 pm
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Marubeni is benefiting from rising copper prices and potential gains in its power business due to a colder winter. Despite challenges in coking coal from China's weakness, Marubeni's discount compared to other Japanese trading houses seems unwarranted.
Marubeni is directly benefiting from rising copper prices, which supports its business. Additionally, a colder winter could boost its power business. Despite challenges in coking coal due to China's economic weakness, these positive factors make Marubeni's current discount seem unwarranted compared to peers.
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