China copper smelters lower TCs for Q2 2019

Published: Mar 28, 2019 14:05 (GMT+8)

Save

China’s top copper smelters set their floor treatment charges for the second quarter of 2019 at $73/mt

SHANGHAI, Mar 28 (SMM) – China’s top copper smelters set their floor treatment charges (TCs) for the second quarter of 2019 at $73/mt, down $19/mt from the previous quarter, SMM learned on Thursday March 28.

The floor charges, the minimum miners pay smelters to process their copper concentrate into refined metal, were agreed at a meeting of the China Smelters Purchase Team (CSPT) this week. China is the world’s top copper consumer.

For spot cargoes, TCs traded at $68-73/mt in the week ended March 22, down $2/mt from the previous week, SMM assessments showed.

Spot copper concentrate TCs have been on the decline since the Lunar New Year holiday. This grew market concerns about tighter copper concentrate supplies.

Copper concentrate TCs

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

Tight supply coupled with rising sentiment to hold back from selling kept secondary copper prices resilient at high levels [SMM Weekly Review on Secondary Copper Raw Materials Outside China]

10 hours ago

Oct 16, 2026 18:39 (GMT+8)

[Mingyi Electronics Launches High-Aspect-Ratio Gantry Line Electroplating Equipment for AI Servers and IC Substrates]

According to Sanfu New Materials, Mingyi Electronics under Sanfu New Materials has launched a new product series—high-aspect-ratio gantry line electroplating equipment, capable of supporting the production of boards with aspect ratios of 40:1 and above. This series of equipment can be customized according to client needs, is compatible with phosphorized copper balls and insoluble anode systems, and can meet the electroplating requirements for high-end circuit boards such as high-aspect-ratio AI server PCB boards and IC substrates. The equipment has passed various technical tests and has gained recognition from leading server PCB manufacturing clients in China. Multiple equipment orders are already in hand, and the production lines for this series of equipment have entered the production and delivery stage.

Oct 16, 2026 18:39 (GMT+8)

Oct 16, 2026 18:37 (GMT+8)

US Inflation Exceeds Expectations, Combined with Inventory Buildup in China, Copper Prices Rebound Under Pressure [SMM Macro Weekly Review]

Oct 16, 2026 18:37 (GMT+8)