Muted spot demand for copper cathode suppresses premiums globally

Losses on importing copper cathode into China widened in the week to Tuesday September 12 due to a fall in domestic premiums. This, in turn, caused some market participants to revert to trading other base metals, sources told Fastmarkets.

At the same time, a lack of spot demand for copper cathode was also felt in Southeast Asia and the United States. Although the premium in Southeast Asia fell, sources...