Ample supplies buoy TCs of imported copper concentrate on week-Shanghai Metals Market

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Ample supplies buoy TCs of imported copper concentrate on week

Price Review & Forecast 03:45:40PM Dec 07, 2018 Source:SMM

SHANGHAI, Dec 7 (SMM) – Offers for imported copper concentrate treatment charges (TCs) extended increase by $1.5/mt over the week ended Friday December 7, to $92-97/mt, according to SMM assessment.

Sufficient supplies in the market grew momentum of the TCs. Traded prices stood mostly above $92/mt as of Friday, SMM learned. 

Price

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#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
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%)

Ample supplies buoy TCs of imported copper concentrate on week

Price Review & Forecast 03:45:40PM Dec 07, 2018 Source:SMM

SHANGHAI, Dec 7 (SMM) – Offers for imported copper concentrate treatment charges (TCs) extended increase by $1.5/mt over the week ended Friday December 7, to $92-97/mt, according to SMM assessment.

Sufficient supplies in the market grew momentum of the TCs. Traded prices stood mostly above $92/mt as of Friday, SMM learned.