S.Korea buys 1,500 T copper, 2,000 T zinc for April

By Reuters / January 25, 2017 / in.investing.com / Article Link

SEOUL, Jan 25 (Reuters) - South Korea bought 1,500 tonnes of copper and a total of 2,000 tonnes of zinc for April arrival via tenders that closed on Tuesday, state-run Public Procurement Service said on its website (http://www.g2b.go.kr).

Details of the purchases are as follows:

--Copper

TONNES(M/T) ORIGIN

SUPPLIER/PREMIUM(PER TONNE)

1,500 South Korea LS Nikko Copper Co Ltd/ $65

--Zinc

TONNES(M/T) ORIGIN

SUPPLIER/PREMIUM(PER TONNE)

1,000 India

STX Corp/ $207.5

1,000 India

STX Corp/ $207.5

*Note : The above premiums were made over London Metal Exchange (LME) prices.

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