Copper cathode premiums decline

Jul 11, 2013 | 05:08 PM | Everdeen Mason

Tags  copper cathode, delivered premiums, comex, london metal exchange, Everdeen Mason

NEW YORK - Copper cathode delivered premiums have fallen as summer shutdowns and low demand have slowed the market significantly.
AMM’s spot copper premium fell to between 6 and 8 cents per pound July 10 from 7 to 9 cents previously. There were reports of some sales at slightly higher numbers at the end of last week, but the majority of business this week was said to have moved into the new range of between 6 and 8 cents.....

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