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Home / Metal News / Imported copper concentrate TCs flat on week

Imported copper concentrate TCs flat on week

iconNov 9, 2018 17:45
Source:SMM
TCs were mostly offered at $90-94/mt, with traded prices standing above $90/mt

SHANGHAI, Nov 9 (SMM) – Offers for imported copper concentrate treatment charges (TCs) went flat over the week ended November 9 as the market looked ahead to the CESCO Asia Copper Week to be held in Shanghai on November 13-16.

The TCs were mostly offered at $90-94/mt, with traded prices above $90/mt. The market showed greater interest in forward cargoes for delivery in the first quarter of 2019, SMM learned. 

We retained our estimates for the 2019 benchmark TCs in long-term contracts at $80-85/mt. 

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

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