Investors track ships, chase rumours to get edge on COVID-19 risks


NEW YORK (Reuters) - As investors crunch numbers to determine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China.

The vessel carries some 750 tons of lead concentrate that Polachek, head of New York-based Commodity Asset Management, purchased in Greece to sell on the Chinese mainland.

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