Aurubis puts Europe copper premium at $105/T for 2014
Sep 27, 2013 | 10:18 AM
| Mark Burton
LONDON Aurubis AG has offered customers in Europe a premium of $105 per tonne ex-works for copper cathode to be supplied in 2014, up from $86 this year, a company spokeswoman said Sept. 26.
The proposed $19 jump in 2014 terms corresponds to sustained strength in spot copper premiums seen in the region throughout the year.
AMM sister publication Metal Bulletins in-warehouse Rotterdam copper premiums have held above $100 since the start of May, when smelter outages, mine disruptions and port delays caused a temporary supply shock in the European market.....
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