Cathode premiums up despite lifeless market

Mar 14, 2014 | 05:10 PM | Saranya Kapur

Tags  copper cathode, copper premiums, copper scrap, copper prices, Saranya Kapur

NEW YORK — Copper cathode market activity has been listless so far in March despite a steep drop in the May-delivery Comex copper contract, but premiums jumped amid expected volatility for April and turmoil in the copper scrap market that has spilled over into prime copper.

Copper cathode premiums rose to 6.5 to 7.5 cents per pound March 13 from 6 to 7 cents previously.....

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