World’s largest copper producer Codelco decides to maintain premium against long-term order of spot electrolytic copper arriving at southern US port in 2018 at about 2.5 cent per pound.

Codelco: Actual Shortage to Raise Copper Price above $10,000 per Tonne

SHANGHAI, Nov.10&nbsp;(SMM)－Learned from insider, world&rsquo;s largest copper producer Codelco decides to maintain premium against long-term order of spot electrolytic copper arriving at southern US port in 2018 at about 2.5 cent per pound, keeping the same as this year, ending situation of consecutive 4-year&rsquo;s drop.

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