The hottest international copper price will contin

2022-08-16
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The international copper price will continue to rise, and the future market expectation is optimistic

according to the copper project feasibility study report, the increase in processing fees indicates that the future international copper price will rise further, because the ore miners' increase in processing fees is more an optimistic expectation for the current and future market

according to the "feasibility study report on copper projects", the increase in processing fees indicates that the international copper price will rise further in the future, because the ore miners' increase in processing fees is more an optimistic expectation for the current and future market

according to several major domestic smelting enterprises, the spot processing fee for copper refining has increased from $70 to $80 per ton before the earthquake in Japan to $140 to $150 per ton. Insiders said that about one third of Japan's smelting capacity was shut down this time, and affected by nuclear radiation, the actual smelting capacity of Japan was damaged more seriously than expected by the forced lubrication of oil pumps, The possibility of further increase in spot processing fees cannot be ruled out

at the middle or end of each year, domestic smelting enterprises will negotiate with international ores about the processing fee standard for the next half a year or one year. This part is a long-term contract. In addition, all smelters also retain the processing business of some spot copper concentrate ores that have seen such strange chemical materials in BASF laboratory. This is the spot processing fee that has increased this time

since this year, long-term contracts and short-term contracts have accounted for almost half of the domestic copper smelting. Therefore, the upward trend of spot processing fees will inevitably affect the annual earnings of enterprises. However, since the major copper enterprises keep their proportion of long-term and short-term contracts confidential, the benefits of each enterprise are different

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