Higher Spot TCs for Imported Copper Concentrate Lure Smelters in, SMM Reports

Published: Sep 8, 2017 17:44

Save

Spot TCs for imported copper concentrate moved higher this past week, and this attracted smelters to make purchases.

SHANGHAI, Sept. 8 (SMM) – Spot TCs for imported copper concentrate moved higher this past week, and this attracted smelters to make purchases.

Sino-Russian Fund to Mainly Target Copper and Gold Investment

Spot TCs were $80-86/tonne as of September 8.

Copper Market to Face Shortage? WBMS Has Different Story to Tell

Some traders, who were in a rush to sell, left big room for negotiation.

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

copper concentrate spot TCs

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

3 hours ago

Wire and Cable Operating Rate Falls in June, Expected to Rise in July

[SMM Monthly Wire and Cable Operating Rate] SMM learned that the operating rate of wire and cable enterprises in June fell 0.11 percentage points MoM to 72.22%, and declined 0.19 percentage points YoY. The operating rate for large enterprises was 77.62%, for medium-sized enterprises it was 47.54%, and for small enterprises it was also 47.54%. The operating rate is expected to increase 0.43 percentage points MoM to 72.65% in July.

3 hours ago

Intraday spot transactions were relatively sluggish, with low activity in inquiries and offers during the mid-year period [SMM Yangshan spot copper]

3 hours ago

4 hours ago

Tongling Nonferrous Metals Group Co., Ltd.: Sulphuric acid is a by-product of the company's smelting process, and the operating results of Tongguan Copper Foil are included in the company's consolidated financial statements.

4 hours ago