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Home / Metal News / Imported copper concentrate TCs up for 5th consecutive week

Imported copper concentrate TCs up for 5th consecutive week

Jun 8, 2018 15:48

Source:SMM

Treatment charges (TCs) of imported clean copper concentrate averaged $77-84/mt for the week ended Friday June 8, SMM assessed

SHANGHAI, Jun 8 (SMM) – Treatment charges (TCs) of imported clean copper concentrate averaged $77-84/mt for the week ended Friday June 8, SMM assessed.

This was up $1/mt from a week ago, marking the fifth consecutive week of increase. Suspension of domestic smelters due to equipment breakdown earlier this week accounted for the rise.

The TC was also up $1/mt as of Friday June 1, compared with a week earlier, as supply of imported copper concentrate grew due to turmoil at Vedanta Resources' copper smelter in India's state of Tamil Nadu.

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Market commentary

Zinc 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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