Antofagasta, Japanese And South Korean Smelters Finalised Copper Concentrate Tcs Under Long-Term Contracts For Second Half Of 2023 And First Half Of 2024
- Th06 26, 2023, at 3:28 pm
As of Wednesday June 21, the SMM Imported Copper Concentrate Index (Weekly) stood at $91.1/mt, $0.55/mt higher than June 16. During the week, SMM understood that there was a deal between a smelter and a trader for 20,000 mt of clean ore with TCs of $92/mt, scheduled for loading in August. Inquiries of smelters for clean ore scheduled for loading in August currently stand at $95/mt, while offers by traders exceeded $88/mt. The price coefficient of Cu 20% domestic ore stood at 88.5-89.5%.
