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Premiums for copper cathode in China narrowed downward in the past week while those in Italy and the Netherlands strengthened on limited supply and logistical challenges. Premiums in the United States, Southeast Asia, and Germany were stable.
An outage at a smelter in Japan led to a jump in Southeast Asian copper premiums in the week ended Tuesday February 8, while premiums elsewhere were broadly stable, although logistics issues and Covid-19 continued to create problems in Europe, and the winter weather was a concern in the United States.
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