GLOBAL COPPER WRAP: US premium falls on weak demand, trade war concerns; Rotterdam flat
The US copper cathode premium fell to its lowest level since July 2018 due to weakened demand and United States-China trade war concerns in the week to Tuesday October 1, while sufficient stocks kept European market activity - and the premium - subdued.
US copper premium moves down
- US cathode premium hits 15-month low on dampened sentiment.
- Rotterdam copper premium unchanged due to thin spot business opportunities.
The US copper cathode premium...