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Jiangxi Copper sees 2010 premiums at $80/T or less

October 30, 2009 - 08:58 GMT Location: Shanghai

KEYWORDS: JIangxi Copper , copper , base metals

Jiangxi Copper, China's largest copper producer, expects that 2010 contract premiums may hit $80 per tonne, said a senior company official.

This is below previous estimates of around $85 per tonne by Chinese market participants (MB Oct 19). "We've exchanged views with our overseas counterparts such as Codelco a few days ago and it is very likely that the 2010 benchmark will go up slightly by $5...

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