/ Price Assessments

Copper Concentrate Assessments

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What are Copper Concentrate Assessments?
Clean Copper Concentrate CIF China basis - this daily assessment is an outright price, treatment and refining charges (TC/RC) and price differentials to the outright price for three major brands, namely, Los Pelambres, Los Bronces and Escondida.
Copper Concentrate Heards
April 22 2024

Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs traded heard at $8/mt, June loading, trader to smelter, M+1 or M+5 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs traded heard at $3-4/mt, June loading, trader to smelter, M+1 or M+5 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $3-5/mt, June loading, trader to smelter, M+1 or M+5 at seller's option, according to trader source


April 19 2024

Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs offer heard at $3/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $8-9/mt, June loading, trader to smelter, M+1 or M+5 at seller's option, high impurities, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $2-3/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Blended copper concs tradable heard at $10/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $10-20s/mt, H2 loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at minus $20/mt, June loading, producer to trader, M+1 or M+4 at buyer's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Blended copper concs indicative offer heard at $11-12/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Very clean copper concs tradable heard at $2-4/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


April 18 2024

Platts 25% Cu Copper Concentrate, CIF China: Blended copper concs offer heard at $8-9/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at lower than $5/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs traded heard at $10/mt, May loading, trader to smelter, M+1 or M+5 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs traded heard at $8-9/mt, June loading, trader to smelter, M+1 or M+5 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Collahuasi/Quellaveco/Los Bronces/El Soldado tender heard done at $5/mt, 2025 loading, producer to trader, M+4, 40kt, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Collahuasi/Quellaveco/Los Bronces/El Soldado tender heard done at minus $5/mt, 2H 2024 loading, producer to trader, M+4, 20kt, according to market source


April 17 2024

Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at minus $10s/mt, June loading, producer to trader, M+1 or M+4 at buyer's option, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at minus $15/mt, June loading, producer to trader, M+1 or M+4 at buyer's option, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Gibraltar tender heard done at minus $20/mt, 2024 loading, producer to trader, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs heard done at $2-3/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $2-3/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5-6/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, side-terms apply, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $3-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs bid heard at $6-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to trader source


April 16 2024

Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs indicative offer heard at $3-5/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $6-7/mt, Q2-Q3 loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $6-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


April 15 2024

Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs heard done at close to $0/mt, Q2-Q3 loading, producer to smelter, M+4, 40kt, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs indicative bid heard at $6-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Mina Justa tender heard bid due on April 19, H2 loading, producer sell, 44kt, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at negative $/mt, June loading, producer to trader, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at below $10/mt, H1 loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Low gold clean concs tradable heard at $5-6/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Low gold clean concs offer heard at $5/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


April 12 2024

Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs offer heard at $5/mt or lower, June loading, trader to smelter, M+1 or M+4 at seller's option, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: High As copper concs tradable heard at $50-70/mt, H2 loading, producer to trader, M+1 or M+4 at seller's option, As >1%, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Blended copper concs tradable heard at $11-12/mt, H2 loading, trader to smelter, M+1 or M+4 at seller's option, high impurities, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at negative $/mt, June loading, producer to trader, M+1 or M+4 at seller's option, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs indicative bid heard at $6-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $1-3/mt, June loading, producer to smelter, M+3, according to trader source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $10s/mt, H2 loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5-7/mt, June loading, trader to smelter, M+1 or M+4 at seller's option, according to trader source


April 11 2024

Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $5-7/mt, Q2 loading, trader to smelter, M+1 or M+4 at seller's option, according to market source


Platts 25% Cu Copper Concentrate, CIF China: Clean copper concs tradable heard at $minus 10-15/mt, June loading, producer to trader, M+1 or M+4 at buyer's option, according to smelter source

Clean Copper Concentrate CIF China

  • Very clean concs heard tradeable under $5/mt
  • Market anticipates increased near-term supply


Platts assessed CIF China clean copper concentrate treatment and refining charges at $1.90/mt and 0.19 cents/lb, respectively, April 19, unchanged from April 18.

Platts assessed producer-to-trader copper concentrate TC/RC differentials at minus $6.30/mt and minus 0.63 cents/lb, respectively, April 19, down 60 cents/mt and 0.06 cent/lb, respectively, from April 18.

Tradable values were heard at $5/mt for June-loading clean copper concs, trader to smelter, M+1 or M+4 pricing at the seller's option.

Considering a $20/mt contango between September and October, the tradable values normalized to $1.90/mt on a M+3 pricing basis.

Market activity was quiet, with participants adopting a wait-and-see approach.

The market was relatively stable with limited activity, a trader said.

Looking ahead, smelters were aiming to secure feedstocks for the second half of 2024, prioritizing term contracts over immediate spot market deals.

"We will assess the market next week," a smelter said, noting that low-gold clean concentrates were tradable below $5/mt.

Meanwhile, supplies are expected to increase in the coming weeks, with more tenders expected from producers, market sources said.

Concurrently, traders are likely to adjust positions accordingly, starting next week. The full impact of the potential supply increase on the spot market remains to be seen.

Platts is part of S&P Global Commodity Insights.

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