Jiangxi Copper, Antofagasta set 2019 copper concentrate TC at $80.8/mt-Shanghai Metals Market

Hot Keywords

  • Nickel
  • Zinc
  • MMi Iron Ore Port Index
  • Inventory data
  • Futures movement
  • Aluminium
  • ஷாங்காய் துத்தநாகம்
  • Xiexin new energy
  • Rare earths
  • Morning comments
  • Evening comments
  • Copper
  • price
  • Smog alert
  • Tin

Jiangxi Copper, Antofagasta set 2019 copper concentrate TC at $80.8/mt

Industry News 10:01:40AM Nov 16, 2018 Source:SMM

SHANGHAI, Nov 16 (SMM) – Chinese copper smelter Jiangxi Copper and Chilean miner Antofagasta agreed on 2019 copper concentrate treatment charges (TC) in their long-term contracts at $80.8/mt, and refining charges (RC) at 8.08 cent/lb on November 15, sources from both companies told SMM. 

TCs stood $1.45/mt lower than the 2018 benchmark of $82.25/mt. SMM had expected the 2019 benchmark TCs to stand at $80-85/mt. 

Jiangxi Copper, Antofagasta set 2019 copper concentrate TC at $80.8/mt

Industry News 10:01:40AM Nov 16, 2018 Source:SMM

SHANGHAI, Nov 16 (SMM) – Chinese copper smelter Jiangxi Copper and Chilean miner Antofagasta agreed on 2019 copper concentrate treatment charges (TC) in their long-term contracts at $80.8/mt, and refining charges (RC) at 8.08 cent/lb on November 15, sources from both companies told SMM. 

TCs stood $1.45/mt lower than the 2018 benchmark of $82.25/mt. SMM had expected the 2019 benchmark TCs to stand at $80-85/mt.