PPC and Kazakhmys Significantly Lower 2024 Copper Premiums to Chinese Traders in First Round of Talks

Published: Nov 19, 2023 10:07

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According to reports, PPC has asked traders for premiums of $88/mt for copper cathode to be shipped to China in 2024 in its first round of talks, down from $95-100/mt in 2023.

Meanwhile, Kazakhmys also lowered its 2024 copper premiums to Chinese traders to $65/mt from $80/mt in 2023 in its first round of negotiations.

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