SHANGHAI, May 23 (SMM) – As of Wednesday May 23, refining charges (RCs) of imported blister copper dipped from the start of May as demand slowed and imports declined, SMM learned.
On May 23, RCs stood at $200-230/mt cif and 1,700-1,900 yuan/mt for goods delivered to factory at domestic smelters. This compared with $220-240/mt cif and 1,800-2,000 yuan/mt on May 9.
RCs began to climb from the start of March, when they stood above 1,300 yuan/mt.
For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
![Diferença de preço entre contratos futuros já ultrapassou 800 yuans; compras downstream foram fracas e os prêmios spot caíram acentuadamente [SMM cobre spot do sul da China]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![Maior spread de preços entre contratos futuros reduz as compras; descontos à vista no norte da China se ampliam [SMM cobre à vista no norte da China]](https://imgqn.smm.cn/usercenter/FERSF20251217171712.jpg)

