SHANGHAI, Oct 17 (SMM) – China’s top copper smelters set their floor treatment charge (TC) for the fourth quarter of 2019 at $66/mt, up some $11/mt from the previous quarter.
The floor charges, the minimum that miners pay smelters to process their copper concentrate into refined metal, were finalised at a quarterly meeting of the China Smelters Purchase Team (CSPT) in Shanghai on Thursday October 17. China is the world’s top copper consumer.
SMM assessed TCs for spot clean copper concentrate at $54-60/mt as of October 11.

![Vencimento de contratos impulsiona alta no spread de preços; prêmios elevados limitam negócios de usuários finais [Análise semanal do cobre catódico spot no norte da China – SMM]](https://imgqn.smm.cn/usercenter/EFLYr20251217171714.jpeg)

![A demanda física da China se recupera, e os prêmios de cobre de Yangshan sobem para máxima de quase quatro anos [Atas da Reunião Matinal de Cobre da SMM]](https://imgqn.smm.cn/usercenter/FSTyq20251217171713.jpg)
