Copper cathode delivered premiums steady

Jul 25, 2013 | 06:06 PM | Everdeen Mason

Tags  copper cathode, delivered premiums, London Metal Exchange, LME, warehouse stock, Kennecott Utah Copper, Everdeen Mason

NEW YORK — Copper cathode delivered premiums held steady as business remains sluggish despite higher demand, according to traders.

AMM’s delivered premiums for copper cathode remain at 6 to 8 cents per pound, down from 7 to 9 cents per pound a month ago.

"There’s no real change or business," one trader told AMM. "It’s kind of dead. Some years we don’t get like this, but this year it’s more than the typical summer doldrums."....





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