Shanghai nonferrous metals mostly closed in the positive territory. The market, however, was quiet as a whole approaching the year-end, with sluggish market transactions.
China copper smelters raise Q4 treatment charge floor ahead of miner talks | Hellenic Shipping News Worldwide
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Copper price falls on China power squeeze worries
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China copper smelters set Q3 treatment charge floor at $55/T | Hellenic Shipping News Worldwide
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Publishing date: Jun 25, 2021 • 11 hours ago • 1 minute read •
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BEIJING China’s top copper smelters on Friday set their floor treatment and refining charges (TC/RCs) for the third quarter at $55 per tonne and 5.5 cents per lb after a meeting in the city of Tongling, two sources with knowledge of the matter said.
The state-backed members of the China Smelters Purchase Team (CSPT) had set no minimum charges for the second quarter of this year, while the floor in the first quarter was $53 per tonne and 5.3 cents per lb.
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