Pan Pacific sets 2014 copper premiums for China mostly at $123/T
TOKYO Nov 1 (Reuters) - Pan Pacific Copper, a unit of JX Holdings Inc, set 2014 copper premiums for Chinese buyers mostly at $123, up 45 percent from this year, a spokesman at the company said on Friday.
Japanese copper smelters earlier proposed the 45 percent rise in the premiums they charge Chinese end-users for term deliveries to reflect strong spot premiums and expectations of rising demand and tight supplies. (Editing by Aaron Sheldrick and Himani Sarkar)
- Special Report: Thailand secretly supplies Myanmar refugees to trafficking rings |
- The 10 Most Corrupt and Least Corrupt Countries in the World
- NSA gathers data on cellphone locations globally: report
- China's airspace zone has caused apprehension: Biden |
- Obama says he's not allowed iPhone for 'security reasons'