Trafigura buys copper for Asia amid China supply crunch
Briefing by News4U · First published
Bloomberg reported that Trafigura Group has been buying large volumes of copper to boost sales into Asia as local supplies run low, adding to a scramble for metal that has pushed regional premiums for spot cargoes to record highs. [1]
Sources
- Trafigura Snaps Up Copper in Asia as China Faces Supply Crunch
Bloomberg · · Summary only