Premiums for grade A copper cathodes in Asia declined in the week ended Tuesday August 11, with buying activity diminished against reduced demand, and a closed import arbitrage window similarly hampering business, while seasonal maintenance closures across Europe kept premiums steady.
Asian market participants expect weaker demand Business still hand-to-mouth across Taiwan, Vietnam European sellers still in control despite falling LME stocks.Still, the trend of consumers selling stock or stalling on long-term contract tonnages was showing...