Copper concentrate TCs stay flat amid quiet trading

Published: May 11, 2018 14:09

Save

SMM assessed imported clean copper concentrate treatment charges (TCs) at $71-78/mt on Friday May 11, unchanged from a week ago.

SHANGHAI, May 11 (SMM) – SMM assessed imported clean copper concentrate treatment charges (TCs) at $71-78/mt on Friday May 11, unchanged from a week ago.

Few transactions were heard in the market during the week amid lacklustre demand.

Vedanta's copper smelter at Tuticorin in India remained shut as of May 11, SMM learned. This followed the smelter started a 15-day scheduled maintenance from March 27. It is unclear when it would resume operations.

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)

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 to learn 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

1 hour ago

Data: SHFE, DCE market movement (Feb 02)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Feb , 2026

1 hour ago

2 hours ago

Copper Prices Decline, Activating Buying Interest; Spot Discounts Narrow Slightly

Looking ahead, the Shanghai spot copper market is expected to remain under pressure; although lower prices have spurred end-user orders and supported spot premiums, a shift to profitable import arbitrage is prompting aggressive ratio locking and will likely bring substantial imported copper ahead of the holiday, while a slightly narrower nearby contango is encouraging suppliers to increase spot sales, adding to short-term supply pressure—though further price declines could stimulate sustained restocking demand and gradually stabilize spot discounts.

2 hours ago

3 hours ago

Decline in Copper Prices Activates Buying Interest, Spot Discounts Narrow Slightly [SMM Shanghai Spot Copper]

[SMM Shanghai Spot Copper] Looking ahead to tomorrow, the Shanghai spot copper market is expected to remain under pressure. Copper prices retreated today, while orders increased compared to the previous trading day, indicating that the current price level has become more attractive to end-user procurement, which may provide some support to spot premiums/discounts. In terms of market structure, SHFE copper imports turned from loss to profit, prompting importers to actively lock in the SHFE/LME price ratio. As a result, a significant amount of imported copper is expected to enter the domestic market ahead of the holiday. Meanwhile, the Contango spread between nearby contracts narrowed slightly, encouraging suppliers to increase spot sales, adding to short-term spot supply pressure. If copper prices fall further to lower levels, more sustained restocking demand may be triggered, at which point spot discounts could gradually stabilize.

3 hours ago