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Black Sea Cu premiums offered as high as $120 per tonne

June 29, 2009 - 00:00 GMT

Premiums as high as $120 per tonne are being offered in southern Europe, as consumers race to cover copper supplies ahead of the long seasonal holidays, according to market sources.

Premiums as high as $120 per tonne are being offered in southern Europe, as consumers race to cover copper supplies ahead of the long seasonal holidays, according to market sources. Buying ahead of the summer season in a market that has only booked minimal tonnages on annual contracts has propelled premiums higher: in Turkey, consumers are paying...

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