This week, the "SMM Copper Industry chain Weekly report" was released, and the editor selected hot topics, prices, quotations or major changes in the industry chain and published articles for your reference. Welcome to subscribe to the "SMM Copper Industry chain Weekly report" to learn more.
The following is an excerpt from the weekly report of SMM copper industry chain:
As of Friday (December 17), the SMM imported copper concentrate index (week) was 60.75 US dollars / ton, slightly lower than the previous December 10 index of 0.15 US dollars / ton. Market transactions are still mainly between mines and smelters, with little participation of mining traders, with sporadic January shipment and spot shipment in February and March. Many mining traders said that in the near future, long order negotiations are still the main core. At the same time, most smelters have ample inventories, curbing the overall activity of the spot market.
On Thursday, the domestic smelters and Freeport with Jiangxi Copper, China Copper, Tongling Nonferrous Metals and Jinchuan Group as the core finalised the 2022 copper concentrate processing fee Benchmark at 65 US dollars / ton and 6.50 cents / lb, up 5.50 U.S. dollars / ton and 0.55 cents / lb compared with 59.5 U.S. dollars / ton and 5.95 cents / lb in 2021. Reflect that buyers and sellers finally reached a looser situation in the copper concentrate market in 2022 than in 2021, and it also gives some relief to the smelter pressure in the long order negotiations with mining traders, because of the difference of Package, the long order between mining traders and smelters, and the processing fees of both sides are mostly located in the annual Benchmark deduction of 2-8 US dollars / ton.
"View SMM Metal spot Historical Price
"apply for free access to the SMM metal industry chain database
"SMM China Copper Industry chain High-end report" includes: copper industry chain market changes, future views, monthly updates and interpretation of hot events, quantitative analysis of copper industry chain upstream and downstream output, import and export, inventory, cost, price and so on. And exclusively publish the monthly output data, operating rate and new items of the top ten copper smelting or processing enterprises in China. "View details
The "SMM China Copper Industry chain routine report" includes changes in exclusive data markets from copper mines, smelters to copper processing materials, spot to futures markets, future views, and weekly updates of hot events, focusing on contradictions that have changed greatly during the week. "View details
