WebNov 2, 2024 · In 2024, as domestic smelting and refining projects are put into operation, the annual output of copper cathode is expected to reach 10.35 million mt. However, the copper cathode consumption will hardly have room for growth, constrained by the downside risk of the real estate market. The market share of imported copper will further shrink. WebNov 2, 2024 · SHANGHAI, Nov 2 (SMM) – Market participants said on Monday that the world’s largest copper miner Codelco will supply copper to Chinese customers with a premium of $105/mt in 2024. This is up 19.3% from this year's $88/mt. As China is the world's largest copper consumer, this premium is an industry benchmark that has is …
2024 copper TC/RC benchmark set at $65/6.5¢ CRU
WebNov 2, 2024 · As of November 2, the average SMM Yangshan copper premium under warrants stood at $63.53/mt, and the average premium for bill of lading stood at $63.71/mt, well below the benchmark premium of $105/mt. In 2024, as domestic smelting and … WebDec 16, 2024 · The 2024 charges are 9.2% higher than this year’s benchmark of $59.50 per tonne and 5.95 cents per lb and signal the end of a run of six consecutive drops in the annual TC/RC benchmark since 2015. chaz higgs biography
Trade Review: Copper TC/RCs face further pressure in Q3 from …
WebMar 1, 2024 · In this research we have developed a copper concentrates benchmark price model which aims to address the absence of market-wide accepted references that can orientate market participants to set a fair price for the copper concentrates they trade with. The relevance of a reliable reference to set the price of copper concentrates is key as its ... WebOct 11, 2024 · Several large smelters expect the copper concentrate long-term contract Benchmark TC to reach more than USD 90/dry tonne in 2024, or even the mid-$90s. The smelter believes that oversupply of copper concentrate in 2024 will become very … Web18 hours ago · Benchmark U.S. crude oil for May delivery fell $1.10 to $82.16 a barrel Thursday ... Download 2024 Rankings; Best States ... Silver for May delivery rose 47 cents to $25.93 an ounce and May copper ... custom security yard signs