- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Chinese Smelters Offering Lower Term Export Premiums for 2015
Reuters reported that large copper smelters in China have lowered their export premiums for refined copper by 7.3 percent compared to 2014 rates. The cut follows the lowering of premiums by Chile’s Codelco.
Reuters reported that large copper smelters in China have lowered their export premiums for refined copper by 7.3 percent compared to 2014 rates. The cut follows the lowering of premiums by Chile’s Codelco.
As quoted in the press release:
Smelters have offered premiums of about $128 a ton for term shipments of refined copper in 2015, they said. Smelters received a premium of $138 for most term exports this year.
The premium, paid by buyers to the smelters to secure physical copper, is set over the cash London Metal Exchange copper price.
The offered premiums were for delivery to bonded warehouses in China or LME warehouses in Asia, one source said, whose firm bought copper from Chinese smelters.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.