Copper premiums expected to rise in July
Jun 27, 2013 | 01:35 PM
| Everdeen Mason
NEW YORK Copper cathode traders and consumers expect spot market premiums to rise in July, when supplies could tighten, after holding steady in recent weeks.
AMMs delivered premiums remained at 7 to 9 cents per pound June 26 as the market continued to move slowly. However, market participants said delayed market reaction to Kennecott Utah Coppers declaration of force majeure following a wall slide at its Bingham Canyon Mine (amm.com, May 21) and long queues at London Metal Exchange-listed warehouses will cause delivery premiums to rise.....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.