[review of Copper concentrate Market] TC low Operation focus on CSPT meeting next week

SMM3 net news: this week, the import copper concentrate market transactions sluggish, TC remained stable, basically around $75 / ton, as of Friday SMM clean mine spot TC reported $70 ≤ 77 / ton, flat from last week.

The recent rise in crude copper processing fees has surprised the market, but from the point of view of supply and demand, its rise may be a short-term phenomenon, it is difficult to maintain for a long time. In terms of domestic mines, the pricing coefficient of 20 ≤ 25 tastes is kept at about 85% ≤ 88%, which is basically stable. (SMM Sun Ziyang)

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