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    Codelco agrees 2020 copper premium of USD88/t with some Chinese customers

    2019-10-09 10:42:21   [Print]
    Chile's Codelco, the world's biggest copper miner, has agreed a copper cathode premium of USD88/t with some Chinese customers for 2020, according to two sources with knowledge of the matter.

    The premium, unchanged from that agreed for 2019, is a widely watched industry benchmark.

    Codelco, agreed a 2020 physical copper premium to European buyers of USD98/t, also the same level as for 2019, copper industry sources said last Friday.

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