COPPER CONCS SNAPSHOT: TC/RCs edge up; Grasberg shipment unaffected

Fastmarkets copper concentrates treatment charges and refining charges (TC/RC) index stayed largely flat at its multi-year low level from a week ago.

The spot market has been relatively quiet this week with smelters buying a handful of clean concentrates parcels in the high $40s, while some deals, with tonnages extending into the fourth quarter this year and first quarter next year, are said to be concluded at slightly higher TCs in the low $50s, sources said. 

Several recipients of Grasberg concentrates told Fastmarkets that their shipments...


Julian Luk

August 28, 2020

16:02 GMT