Copper premiums could feel pressure
Aug 15, 2014 | 08:04 PM
| Saranya Kapur
NEW YORK Copper premiums remain steady at 6 to 6.5 cents per pound, but market participants believe downward pressure is imminent as consumers pause to see where Comex prices will land.
The most actively traded September-delivery Comex copper contract settled at $3.091 per pound Aug. 14, its lowest level since June 19when it settled at $3.0785 per poundand down 2.7 percent from $3.176 per pound one week earlier.....
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