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Ample supplies keep imported copper concentrate TCs flat on week
SMM assessed imported copper concentrate TCs stood flat at $90-94/mt on the week
SHANGHAI, Nov 23 (SMM) – Offers for imported copper concentrate treatment charges (TCs) went flat over the week ended Friday November 23, at $90-94/mt.
Traded prices of forward cargoes delivered in the first quarter of 2019 stood above $90/mt, minimally affected by a lower 2019 TC of $80.8/mt set by Jiangxi Copper and Antofagasta on November 15.
Sufficient supplies in the market supported the spot TCs, SMM believes.
Market commentary
Copper concentrate TC
Treatment charges
For queries, please contact William Gu at williamgu@smm.cn
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