Home / Metal News / Copper concentrate spot TCs steady ahead of CNY

Copper concentrate spot TCs steady ahead of CNY

iconJan 29, 2018 17:36
Source:SMM
SMM’s assessment of imported copper concentrate treatment charges (TCs) stood at $74-86/mt as of Friday January 26, down $1/mt from a week ago.

SHANGHAI, Jan 29 (SMM) – SMM’s assessment of imported copper concentrate treatment charges (TCs) stood at $74-86/mt as of Friday January 26, down $1/mt from a week ago.

We expect spot TCs to remain stable at the $80/mt level ahead of Chinese New Year with sluggish trading activity as smelters have mostly finished their restocking.

The malfunction of Pasar and Birla smelters saw some long-term contract cargoes flow into the Chinese spot market but the impact on TCs was rather small, SMM learned. 

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn 

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news