31 May 2024 | 04:14 UTC

Platts clarifies quality specifications for CIF China copper concentrate assessments

Platts, part of S&P Global Commodity Insights, is clarifying the quality specifications that are considered for its daily CIF China clean copper concentrate assessments.

Base, minimum and maximum quality specifications are as follows:

Content Base Min Max
Cu (%) 25 18 38
Au (g/mt) 1 30
Ag (g/mt) 80 400
S (%) 32 20 40
Fe (%) 28 12 35
Pb (%) 0.1 4
Zn (%) 1 5
As (%) 0.2 0.5
Sb (%) 0.02 0.2
Hg (ppm) 2.5 10
Bi (ppm) 150 2000
F (ppm) 330 1000

Information falling within the minimum and maximum specifications may be normalized to base standard for the assessment process.

Platts is additionally clarifying that the dimension specification is powder form.

The specifications apply to the following assessments:

Assessment Symbol Monthly average Weekly average
Clean Copper Concentrate CIF China Treatment Charge PCCCB00 PCCCB03 PCCCB04
Clean Copper Concentrate CIF China Refining Charge PCCCC00 PCCCC03 PCCCC04
Clean Copper Concentrate CIF China PCCCA00 PCCCA03 PCCCA04
Clean Copper Concentrate Producer-Trader Treatment Charge Differential PCCCG00 PCCCG03 PCCCG04
Clean Copper Concentrate Producer-Trader Refining Charge Differential PCCCH00 PCCCH03 PCCCH04

Full specifications of Platts clean copper concentrate assessments can be found here: https://www.spglobal.com/commodityinsights/en/our-methodology/methodology-specifications/metals/nonferrous-methodology(opens in a new tab).

Platts clean copper concentrate assessments are published on Platts Nonferrous Metals Alert pages MTL0304 and PMA0304, in Platts Metals Daily, on Platts Market Center, in Platts Connect and in the Platts price database under the codes listed above.

Please send comments and questions to platts_asia_copper@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.