German copper producer Aurubis will be setting its calendar 2015 European copper cathode premium at $110/mt plus London Metal Exchange cash, ex-works, up from the 2014 level of $105/mt for average fixation, the company said Thursday.
For unknown fixation the premium will be set at $143/mt.
The Platts spot premium assessment for Grade A copper CIF Rotterdam currently stands at $75-85/mt plus LME cash, down from $110-120/mt at this time last year.
Aurubis is Europe's largest copper producer, with primary copper cathode output of 689,000 mt in the nine months to June 30, the first nine months of its fiscal year 2013-14.
