CSPT lowers price floor to $90/9 for Q3 copper concs purchases

The China Smelters Purchasing Team (CSPT) has lowered its price floor for third-quarter copper concentrates by $10 per dmt and 10 cents per lb quarter-on-quarter.

The eight members of the CSPT will offer TC/RCs no lower than $90/9 cents for copper concentrates in the third quarter, down from a floor of $100/10 in the previous quarter, sources with told Copper Price Briefing on Monday July 6.

The decision was made last Saturday at the group's quarterly...

Published

Mark Burton

Kiki Kang

July 10, 2015

11:15 GMT

Shanghai, London