Copper concentrate processing fee increase copper smelting e
2013 copper concentrate processing fee is generally higher than 2012 processing fee, and copper smelting enterprises the main source of profit is refined copper processing costs, so ready for the enterprises to actively, large-scale imports of copper concentrate. Lianyungang imports doubled year-on-year growth in the first quarter, a record high.
Quarter of domestic copper mine resources short high external dependency, imports of copper concentrate is mainly affected by rising copper ore (fine) processing fee. Lianyungang port inspection and quarantine bureau, according to data provided by the past 1 month to 3 months, lianyungang port 88 batches of imported copper concentrate, 368700 tonnes, compared with the same period last year, batches increases by 137%, the weight increased by 299%. Lianyungang port of import copper ore are mainly silver and jinchuan two domestic smelting enterprises, imports account for about ninety percent of the total.
In march, Aurubis refined copper processing fee hike in 2013 of 10%, to $70 a tonne and 7 cents per pound. Domestic copper smelting enterprises also raised the refined copper processing fee. Jiangxi copper, for example, cooper and foreign suppliers to sign a copper concentrate processing fee $70 a tonne in 2013, 7 cents per pound; Compared with $63.5 a tonne in 2012, 6.35 cents per pound increase greatly.
As the economy recovers, China's demand expectations are warmed up, then most smelters to think it is good time to purchase, copper inventories at a higher level, but for now, the downstream demand is not a significant reversal.
Copper inventories of associated with recent copper at low level. Now prices continue downward space is limited. Rebound but lack of upward momentum, relying on the international economic environment and domestic downstream demand picks up.
Quarter of domestic copper mine resources short high external dependency, imports of copper concentrate is mainly affected by rising copper ore (fine) processing fee. Lianyungang port inspection and quarantine bureau, according to data provided by the past 1 month to 3 months, lianyungang port 88 batches of imported copper concentrate, 368700 tonnes, compared with the same period last year, batches increases by 137%, the weight increased by 299%. Lianyungang port of import copper ore are mainly silver and jinchuan two domestic smelting enterprises, imports account for about ninety percent of the total.
In march, Aurubis refined copper processing fee hike in 2013 of 10%, to $70 a tonne and 7 cents per pound. Domestic copper smelting enterprises also raised the refined copper processing fee. Jiangxi copper, for example, cooper and foreign suppliers to sign a copper concentrate processing fee $70 a tonne in 2013, 7 cents per pound; Compared with $63.5 a tonne in 2012, 6.35 cents per pound increase greatly.
As the economy recovers, China's demand expectations are warmed up, then most smelters to think it is good time to purchase, copper inventories at a higher level, but for now, the downstream demand is not a significant reversal.
Copper inventories of associated with recent copper at low level. Now prices continue downward space is limited. Rebound but lack of upward momentum, relying on the international economic environment and domestic downstream demand picks up.