Spot Copper Concentrate TCs Hold Stable, Appear to Have Peaked, SMM Reports

Published: Jun 30, 2017 11:34

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TCs of spot imported copper concentrate were largely steady this past week. SMM quotes for spot TCs were $80-86 per tonne on Friday.

SHANGHAI, Jun. 30 (SMM) - TCs of spot imported copper concentrate were largely steady this past week. SMM quotes for spot TCs were $80-86 per tonne on Friday.

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Spot TCs appeared to have reached ceiling, SMM said. Quotes by some cargo holders fell below $85 per tonne.

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Copper smelters refrained from buying this week, with trading slack.

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