HOTTER ON METALS: Rolling with the copper premiums

US copper market participants are broadly expected to roll over terms for 2018 physical contracts when they hold talks during the American Copper Council’s autumn meeting in the US state of Texas this week.

Sellers have naturally adopted a bullish starting point in preliminary talks, arguing for at least $0.0025 per lb or so higher due to increased freight and financing costs. Buyers, meanwhile,...

Published

Andrea Hotter

November 15, 2017

04:15 GMT

New York