The Supply Of Waste Anode Copper Has Declined! How Much Is The Processing Fee?
Domestic Southern crude oil and copper treatment fee February 2019> The quotation price is 900-1100 yuan/ton, the average price is 1,000 yuan/ton, an increase of 200 yuan/ton per month; domestic Northern crude oil and copper treatment fee> Quotation price is 700-900 yuan/ton, the average price is 800 yuan/ton cnc plastic machining, the same as last month; CIF imported crude oil processing fee> Quotes are $90-95/ton, with an average price of $92.5/ton, an increase of $2.5 per month.
In February, crude oil and copper treatment fees at home and abroad rebounded.>
Domestic Market> Depend on demand> The smelter completed inventory preparations before the Spring Festival holiday, and the inventory was still quite large after the holiday. In terms of supply> Copper prices rose around the spring, and recycled copper raw materials operators actively shipped goods. Most waste anode copper companies have large stocks of raw materials and will quickly resume production rhythm after returning after the holiday.
Imported coarse copper> In this case, a long-term order was signed at the beginning of the year and driven by a rebound in domestic spot expenses, import processing fees did not continue to deteriorate.
However, in March, spot handling fees for crude oil and anode plates in China showed a downward trend.>
This week SMM domestic Southern crude oil and copper treatment fee> The quotation price is 700-1000 yuan/ton, the average price is 850 yuan/ton, a monthly reduction of 200 yuan/ton; domestic Northern crude oil and copper treatment fee> Quotation price is 700-900 yuan/ton, with an average price of 800 yuan/ton, which lasts for the same month; CIF imported crude oil processing fee> The quotation is US$90-95/ton, with an average price of US$92.5/ton, which remains unchanged every month; the domestic anode plate processing fee is the quotation is RMB600-700/ton, with an average price of RMB650/ton, which is reduced by 100/ton/ton.
SMM expects supply of waste anode copper to drop in March:>
After late February, copper prices fluctuated on the side, with a slight decline in the center of gravity. The willingness to ship goods for recycled copper raw materials weakened, the price difference of refined waste was narrow, and the supply of household waste copper raw materials decreased;
After mid-February, the import price ratio was seriously inverted. In addition, before and after Trump took office, some businessmen suspended imports from the United States, and imports of scrap copper are expected to decline;
3. The current price of recycled copper rods is better than that of anode plates, resulting in the production capacity of some anode plates to recycle copper rods.
All in all, domestic spot processing fees for anode copper are expected to drop in March as supply tends to decline.>
Source: SMM copper processing and exchange platform, author: Jiangnan. No media or individual can disseminate, publish or copy the original information of Shanghai's non-produced network in any form without authorization. (including but not limited to market data, price information, market statistics information, research information, etc.) Some content has been changed. If you have any questions, please consult and edit at the end of this article.
