Copper premiums in Asian markets were unchanged this week on quiet spot trade as key markets were closed for the Lunar New Year holidays. Meanwhile, limited spot buying interest was shown in Europe this week to keep premiums flat as market participants stayed relaxed on the ample availability of copper cathodes in the area, whereas signs of pick-up are seen in the US's spot copper market on growing housing demand.
Limited spot buying interest was shown in Europe this week kept premiums flat, as market participants stayed relaxed on the ample availability of copper cathodes in the area. Meanwhile, signs of a pick-up are seen in the United State's spot copper market on growing housing demand. ?EUR? Asian markets dormant during Lunar New Year while market participants hope for strong post-holiday copper trade ?EUR? Premiums in Europe, US all unchanged ?EUR? No more massive copper deliveries into LME sheds this week Copper premiums flat in Asia during Spring Festival Copper premiums were unchanged this week across Asia with limited spot business heard to be settled within the current ranges during the Lunar New Year holidays. Markets in mainland China and Taiwan have been dormant since last week with inactive copper trade observed. This week, Metal Bulletin assessed Shanghai's bonded-warehouse cathode premiums at...