iconOct 5, 2023 18:14
Source:SMM
Recent spot market: SMM has learned that traders-smelters have traded 10,000 tons of clean ore for the October/November shipment at a processing fee close to the median of 90 US dollars, and traders-smelters have traded 10,000 tons of mixed ore for the November shipment at a processing fee at the high end of 90 US dollars. In addition, the standard clean ore for the October 2023 to March 2024 shipment from the mine-smelter was traded at a processing fee at the low end of 90 US dollars. Finally, there was a transaction of 10,000 tons of QB2 copper ore from trader-trader, with TC at the low end of 90 US dollars. Overall, buyers' inquiries have begun to become active recently, and the overall inquiry price for clean ore for November/December is at the median of 90 US dollars, while sellers' transaction prices generally tend to be at the low-medium end of 90 US dollars.

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