In 2024, with the increase in the proportion of non-registered imports and the shift in downstream purchasing preferences, the mainstream copper trading prices in the market will also be dragged down.
After the National Day holiday in October 2024, domestic copper cathode consumption weakened from strong levels, with the spot market showing sluggish performance and premiums dropping rapidly.
of fluctuating copper prices, then, falls on miners’ shoulders. Refined copper is sold mostly in the form of 99.99 percent purity copper cathode either by smelting companies or mining companies ...
Jubilee’s production of copper cathode and copper in concentrate surged ... “sharp pullback in platinum group metals (PGM) basket prices” obtaining for the period. “The Group’s financial ...