Monday, 30 May 2011
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Europe copper premiums flat and demand weak
Reuters reported that the premium for physical copper in Europe has held flat this past week with traders citing weak demand in the region. Traders said that the premium for copper in Rotterdam paid above the London Metal Exchange cash price was at USD 80 to USD 90 per tonne compared with quotes of USD 65 per tonne to USD 90 per tonne in late April. One trader said that it has been fairly
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