ST: Europe copper premiums up on short term demand
Reuters reported that the premium for physical copper in Europe edged up this week supported by near term demand and some market tightness in Rotterdam.
Traders said that the premium for copper in Rotterdam paid above the London Metal Exchange cash price was at USD 65 per tonne to USD 90 per tonne versus last week's quotes of USD 60 per tonne to USD 75 per tonne and versus USD 40 in early April.
