Processing charges for copper rods flat in Nov -Shanghai Metals Market

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Processing charges for copper rods flat in Nov 

Data Analysis 03:58:02PM Dec 05, 2018 Source:SMM

SHANGHAI, Dec 5 (SMM) – SMM assessed processing charges of 8mm copper rods for electrical applications in November at 600-750 yuan/mt, and charges of copper rods for manufacturing of enamelled wire at 750-950 yuan/mt. Both remained flat from charges in October. 

Several copper rods processing plants lowered charges last month, in hopes of meeting annual production targets, but this had minimal impact on processing charges across markets.  

SMM launched monthly data for copper rod processing charges on November 5

Price

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#1 Refined Cu
Apr.22
49450.0
20.0
(0.04%)
Yangshan Copper Premium(Bill of Lading)
Apr.22
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.22
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Processing charges for copper rods flat in Nov 

Data Analysis 03:58:02PM Dec 05, 2018 Source:SMM

SHANGHAI, Dec 5 (SMM) – SMM assessed processing charges of 8mm copper rods for electrical applications in November at 600-750 yuan/mt, and charges of copper rods for manufacturing of enamelled wire at 750-950 yuan/mt. Both remained flat from charges in October. 

Several copper rods processing plants lowered charges last month, in hopes of meeting annual production targets, but this had minimal impact on processing charges across markets.  

SMM launched monthly data for copper rod processing charges on November 5