The majority of contractual RCs were settled within the range of $155-175 per tonne for next year, Fastmarkets has assessed
. That compared with $165-180 per tonne for 2018 contracts.
In December, contractual talks between Jiangxi Copper and Chambishi, which provide an indicative number for the annual RCs, were concluded at $165 per tonne, sources from both companies told Fastmarkets.
The contract between the two parties also involved anodes, a more refined product than blister...