Chinese Copper Smelter Raises floor treatment charge by 20% for Q419

  • Oct 17, 2019 AEDT
  • Team Kalkine

China’s top copper smelters raised the floor treatment charge (or TC) by 20 per cent for the fourth quarter of the year 2019.

  • The floor TC set by the top smelters in China stood at USD 66 per metric tonnes, up by USD 11 metric tonnes against the TC in the third quarter of the year 2019.
  • The floor charges are the minimum amount that is paid by miners to smelters to deal with the copper concentrate and process it into refined metal.
  • China Smelters Purchase Team (CSPT) in Shanghai finalised the price post a quarterly meeting.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK