Copper warehouse finance deals taking off, analyst says
Apr 25, 2013 | 01:31 PM
| Andrea Hotter
WASHINGTON Copper financing deals are starting to increase despite the relatively poor returns compared with aluminum, a senior analyst at INTL FCStone Inc. said.
Currently, the cash-to-April spread on London Metal Exchange copper prices is in a contango of $97, which is equivalent to a return of 1.4 percent, senior analyst Edward Meir said.....
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