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Home / Metal News / Copper concentrate TCs for Apr falls to record low

Copper concentrate TCs for Apr falls to record low

iconApr 27, 2018 10:38
Source:SMM
Monthly treatment charges (TCs) of imported copper concentrate fell to about $70/mt in April, as domestic smelter capacity for copper concentrate grew faster than the number of new copper mines

SHANGHAI, Apr 27 (SMM) – Monthly treatment charges (TCs) of imported copper concentrate fell to about $70/mt in April, as domestic smelter capacity for copper concentrate grew faster than the number of new copper mines, SMM learned.

April's price is a record low since August 2013. Monthly TCs began to decline in November 2017.

Labour negotiations at overseas mines have progressed well and could provide some support to TCs of copper concentrate. However, SMM expects that it would be difficult for copper concentrate TCs return to high levels, given the investment cycle of copper mines.

 

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 concentrate
treatment charge (TC)

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

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