Imported copper concentrate TCs up for six weeks in a row

Published: Jun 29, 2018 18:03

Save

SMM assessed imported copper concentrate TCs $3/mt higher on the week

SHANGHAI, Jun 29 (SMM) – Treatment charges (TCs) of imported clean copper concentrate for the week ended Friday June 29 rose $3/mt from a week ago to stand at $83-90/mt, according to SMM assessment.

This led to higher refining charges by 0.3 cent/lb, to 8.3-9.0 cent/lb on the week.

These marked the sixth consecutive week of increase.

Market commentary copper concentrate Treatment charges

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

16 mins ago

Geopolitical Tensions Remained Unabated During the Week, and Copper Prices Fluctuated Within a Narrow Range in the Short Term [SMM Macro Weekly Review]

16 mins ago

53 mins ago

Guizhou Ceheng Speeds Up Distributed PV Project Construction

After the Chinese New Year, the PV power generation project in the relocation resettlement area of Gaoluo Subdistrict, Ceheng County, Guizhou Province, quickly resumed work and production, carrying out final engineering work such as ground clearing and cable trench restoration, as well as grid connection commissioning. The project has a total installed capacity of 3,200 kW, with annual power generation expected to exceed 1.13 million kWh and annual output value of about 390,000 yuan. It will also provide 450 parking spaces in carports, and part of the revenue will be used for community management and to strengthen the collective village economy.

53 mins ago

57 mins ago

China's CPI Rose 1.3% YoY in February

According to data from the National Bureau of Statistics (NBS), affected by the Chinese New Year holiday, China's consumer price index (CPI) in February rose 1.0% MoM and 1.3% YoY, while core CPI, excluding food and energy prices, rose 1.8% YoY.

57 mins ago