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Chile's Codelco agrees 2020 copper premium of $88/T with some Chinese customers - sources

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BEIJING/JOHANNESBURG, Oct 9 (Reuters) - Chile's Codelco, the world's biggest copper miner, has agreed a copper cathode premium of $88 a tonne with some Chinese customers for 2020, according to two sources with knowledge of the matter.

The premium, unchanged from that agreed for 2019, is a widely watched industry benchmark.

Codelco, agreed a 2020 physical copper premium to European buyers of $98 a tonne, also the same level as for 2019, copper industry sources said on Friday last week. (Reporting by Tom Daly in Beijing and Zandi Shabalala in Johannesburg; Editing by Tom Hogue)

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