Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsCar Insight
Language: 
Home / Metal News / Is CSPT’s Floor Price for Q3 Copper Concentrate Spot TCs Simply Symbolic? SMM Reports
Is CSPT’s Floor Price for Q3 Copper Concentrate Spot TCs Simply Symbolic? SMM Reports
Jul 3, 2017 15:19Source:SMM
The China Smelters Purchase Team (CSPT) finally decided to set the floor price of spot TCs for imported copper concentrate at $ 86/tonne and ¢ 8.6/lb in Q3.
SHANGHAI, Jul. 3 (SMM) – The China Smelters Purchase Team (CSPT) finally decided to set the floor price of spot TCs for imported copper concentrate at $ 86/tonne and ¢ 8.6/lb in Q3.
If spot TCs fail to reach $ 86/tonne in Q3, the floor price will be simply symbolic, SMM understands.
The level of $ 86/tonne was considered a relatively high price in previous spot deals. Some market players see a small chance for spot TCs to exceed $ 86/tonne in Q3.
Some smelters, however, are optimistic that spot TCs will probably rise further to $ 85-90/tonne in Q3 as they expect concentrate supply in spot market to continue recovering.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
copper concentrate spot TCs
CSPT
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
CSPT sets Q4 price floor of copper concentrate TC at $58/mt
CSPT finalised that the price floor of TC at $58/mt, RC at 5.8 cents/pound
Sep 29, 2020 14:19
CSPT considers taking in new members
Zhejiang Jiangtong Fuye Heding Copper and Huludao Hongyue North Copper will likely to join China Smelters Purchase Team
Sep 19, 2019 13:28
![[Hot Topic] Copper Mining Companies Versus Smelting Enterprises: Short of Supply or Not?](https://imgqn.smm.cn/production/admin/news/cn/thumb/MmwXK20170918141225.jpeg?imageView2/1/w/176/h/110/q/100)
SMM Events & Webinars
All- Nov24
2024 SMM Middle East Secondary Metal Field Trip
Nov 24 - Dec 01,2024UAE
- Apr09
NET ZERO MEA - Solar & Energy Storage
Apr 09 - 10,2025MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
- Apr09
2025 SMM (20th) Lead & Zinc Conference and Industry Expo
Apr 09 - 11,2025To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange pNanjing · Jiangsu ·China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
