Rotterdam copper premium up on hand-to-mouth buying
Jan 28, 2013 | 05:09 PM
| Mark Burton
Tags
copper,
premiums,
Rotterdam
LONDON — The weighted-average copper premium for Rotterdam, the Netherlands, pushed back above $70 per tonne Jan. 28 as producers reported modest sales to consumers.
The spread on AMM sister publication Metal Bulletin’s Rotterdam copper premiums was unchanged at $60 to $80 per tonne, but the weighted-average quote increased to $70.83 per tonne after dipping below $70 in mid-January.
Spot trade in Europe has been slow so far in 2013 and is not expected to pick up significantly until late February at the earliest, a producer said. In the meantime, premiums are likely to trade sideways, he said. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here