Codelco sets 2008 copper premium at 115 dollars per tonne, confirming market talk

摘要

LONDON & NEW YORK - Chilean copper producer Codelco has set its contract premium for next year at 115 dollars per tonne to major European destinations, confirming market anticipation reported by MB last month, sources close to the company confirmed. "It is absolutely justified. The premium is lower for a variety of factors, but still remains relatively high," said an analyst.