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MYMETAL: China’s spot TC rises on lower demand

ABSTRACT

The treatment charge (TC) of imported copper concentrates in China’s spot market increased further over the May 10-14 week, as operations among the country’s smelters slowed down given the extensive maintenance stoppages some were observing, according to Mymetal’s weekly report. 
The TC for copper which had been hovering low at around $30/t starting April moved up by $2.6/t on week to $34.6/t as of May 14, according to Mymetal’s survey. Mymetal is Mysteel’s non-ferrous intelligence arm. “The TC has recovered from a rather low level as concentrate imports have remained stable

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