Chinese Copper Smelters Ask for Higher Copper Concentrate Spot TCs for Q3, SMM Reports-Shanghai Metals Market

Hot Keywords

  • Zinc
  • MMi Iron Ore Port Index
  • Copper scrap
  • Aluminium
  • Copper
  • Rare earth
  • Aluminum
  • Morning comments
  • Futures movement
  • Evening comments
  • aluminum
  • Nickel
  • price forecast
  • VAT
  • Nickel pig iron

Chinese Copper Smelters Ask for Higher Copper Concentrate Spot TCs for Q3, SMM Reports

SMM Insight 02:05:39PM Jun 28, 2016 Source:SMM

SHANGHAI, Jun. 28 (SMM) – Chinese copper smelters raised floor price for copper concentrate spot TCs for Q3 shipments, Shanghai Metals Market learns. 

The China Smelters Purchase Team (CSPT) held a meeting late last week, and decided to set the floor price at $103 per tonne or¢10.3 per lb for spot TCs of copper concentrate in Q3. 

China Copper Exports Hit Multi-Year High in May, SMM Reports

The price is higher than $100 in Q1 and $85 in Q2, and ample supply and sufficient raw material at smelters are major reasons behind the hike, the CSPT said. 

SMM expects spot TCs for clean concentrate to rise further in the near term due to sufficient supply and the rise in floor price.

Last week, trading for copper concentrate was steady last week, with spot TCs for clean concentrate $100-105 per tonne. 

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


Key Words:  copper concentrate TCs  TC/RCs 

Chinese Copper Smelters Ask for Higher Copper Concentrate Spot TCs for Q3, SMM Reports

SMM Insight 02:05:39PM Jun 28, 2016 Source:SMM

SHANGHAI, Jun. 28 (SMM) – Chinese copper smelters raised floor price for copper concentrate spot TCs for Q3 shipments, Shanghai Metals Market learns. 

The China Smelters Purchase Team (CSPT) held a meeting late last week, and decided to set the floor price at $103 per tonne or¢10.3 per lb for spot TCs of copper concentrate in Q3. 

China Copper Exports Hit Multi-Year High in May, SMM Reports

The price is higher than $100 in Q1 and $85 in Q2, and ample supply and sufficient raw material at smelters are major reasons behind the hike, the CSPT said. 

SMM expects spot TCs for clean concentrate to rise further in the near term due to sufficient supply and the rise in floor price.

Last week, trading for copper concentrate was steady last week, with spot TCs for clean concentrate $100-105 per tonne. 

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


Key Words:  copper concentrate TCs  TC/RCs