SHANGHAI, Oct. 30 (SMM) – Codelco, the world’s top copper producer, raised copper term premiums to customers in Europe for shipments in 2018, making the first hike in four years, according to sources from the LME Week.
The hike indicates strengthening of confidence over consumption in Europe.
The company set its term premium to European customers in 2017 at $82/tonne.
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