South Korea PPS Buys Copper via Tender

Published: Mar 31, 2016 09:49

Save

South Korea’s state-run Public Procurement Service (PPS) bought 2,000 tonnes of copper via tender for delivery in May, it announced on its website.

SHANGHAI, Mar. 31 (SMM) –South Korea’s state-run Public Procurement Service (PPS) bought 2,000 tonnes of copper via tender for delivery in May, it announced on its website.

The cargos will be supplied by LS-Nikko at a premium of $80 per tonne over LME cash price, CIF.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

PPS south korea copper prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

37 mins ago

[SMM Flash] Sulphuric acid prices in some regions dropping below 1,000 yuan/mt

Since 10 July, SMM Chinese sulfuric acid price index from Copper smelters has declined for 11 consecutive weeks on a weekly basis. This weekend, sulphuric acid prices were further reduced in some regions, with the ex-works price of 98% smelting acid falling below 1,000 yuan/mt. However, demand from the fertiliser industry has yet to show any clear improvement, and there are no signs that exports of sulphuric acid and phosphate fertiliser can be restarted, leaving the market dominated by a strong wait-and-see sentiment.

37 mins ago

54 mins ago

[SMM Flash] China's Sulphuric Acid Production Data for August

NBS data shows that China's sulphuric acid (100% equivalent) production in August was 7.984 million mt, down 308,000 mt from 7.676 million mt in July, a YoY decrease of 15.5%. The cumulative production of sulphuric acid (100% equivalent) in 2026 was 68.141 million mt, a cumulative YoY decrease of 4.6%. The top five regions by production were Yunnan province (1.1927 million mt), Anhui province (698,700 mt), Shandong province (680,600 mt), Henan province (570,200 mt), and Guangxi Zhuang Autonomous Region (568,800 mt). For detailed data, please refer to SMM Data.

54 mins ago

1 hour ago

[SMM Analysis] China Sulphur and Sulphuric Acid Import and Export Data for August

In August 2026, China's total monthly sulphur imports were 272,323.414 mt in physical content, down 29.34% MoM and down 65.03% YoY, with the main import sources being the UAE, South Korea, Canada, Japan, Kazakhstan, Vietnam, Singapore, and the Philippines. China's total monthly sulphur exports were 48 mt in physical content, down 96.34% MoM and up 26.32% YoY, with the main export destinations being Indonesia and South Korea. China's total monthly sulphuric acid imports were 9,938.436 mt in physical content, up 831.85% MoM and up 1,051.37% YoY, with the main import sources being South Korea, Taiwan, China, Germany, and the US. China's total monthly sulphuric acid exports were 2,474.46 mt in physical content, up 153.47% MoM and down 99.43% YoY, with the main export destinations being Angola, Ghana, Cambodia, Hong Kong, China, Vietnam, Singapore, Malaysia, and Tanzania.

1 hour ago