TCs of imported copper concentrate flat on week

Price Review & Forecast 03:01:03PM Jan 04, 2019 Source:SMM

SHANGHAI, Jan 4 (SMM) – Offers for imported copper concentrate treatment charges (TCs) stayed flat week on week as of Friday January 4, at $90-94/mt, according to SMM assessment.

Some smelters sought raw materials for production in the second quarter, after the China Smelters Purchase Team (CSPT) on December 27 set a floor price for TCs of imported copper for the first quarter. 

Floor TCs rose $2/mt from the previous quarter, given weak purchasing enthusiasm among smelters. This week saw limited trades but we expect transactions to pick up in the short run. 

TCs of imported copper concentrate flat on week

Price Review & Forecast 03:01:03PM Jan 04, 2019 Source:SMM

SHANGHAI, Jan 4 (SMM) – Offers for imported copper concentrate treatment charges (TCs) stayed flat week on week as of Friday January 4, at $90-94/mt, according to SMM assessment.

Some smelters sought raw materials for production in the second quarter, after the China Smelters Purchase Team (CSPT) on December 27 set a floor price for TCs of imported copper for the first quarter. 

Floor TCs rose $2/mt from the previous quarter, given weak purchasing enthusiasm among smelters. This week saw limited trades but we expect transactions to pick up in the short run.