Home / Metal News / Copper rods processing charges flat in Mar

Copper rods processing charges flat in Mar

iconApr 4, 2019 15:06
Source:SMM
Operating rates across Chinese copper rod plants are likely to rise considerably in Mar, ahead of lower VATs on Apr 1

SHANGHAI, Apr 4 (SMM) – SMM assessed processing charges of 8mm copper rods for electrical applications in the eastern Chinese market at 600-750 yuan/mt in March, and charges of copper rods for manufacturing enamelled wire at 750-900 yuan/mt in the east. Both remained flat from February. 

Operating rates across Chinese copper rod plants are likely to rise considerably in March, as those producers moved up a gear ahead of lower VATs took effect on April 1, SMM expects. 

Market commentary
Copper rod

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All