China Mining declared that the copper processing charge rate for China’s refining enterprises has plunged nearly 70% on the spot market since this year’s beginning, mainly due to the strong demand for copper concentrate. For full story, click here
Shanghai copper climbed up on Wednesday, after earlier touching a four-month high, buoyed by strong spot prices. Jane Jiang, an analyst at Shanghai Nonferrous Metals Industry Association, said: Shanghai copper futures prices were supported by strong physical prices. Spot copper has been sold at a premium since the start of the March settlement period, as [...]
Get our independent commentary on copper trends and companies delivered to your inbox.
