Author: Drishya Yadav
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Why Codelco’s copper premiums Are soaring – and what it means for 2026?
Codelco premiums hit $325-345/t on tight supply. European copper benchmark signals global market stress. Codelco, Chile’s state-owned copper giant, has long served as the price-setter for physical copper trade, particularly through its annual premium offers to European buyers. These premiums- charged over and above the London Metal Exchange (LME) price – act as a key…