Blister copper RC reaches 15-month high in September

The refining charge (RC) for blister copper brought into China rose by 1.7% on Wednesday September 30 to its highest since June 2019, due to reported higher availability of domestic units and lackluster buying from smelters.

Fastmarkets assessed the copper blister 98-99% RC spot, cif China at $140-160 per tonne on Wednesday, compared with $135-160 per tonne a month earlier.

Offers for imported blister copper to smelters came in at the $140s per tonne with no takers. Tonnages were seen sold to smelters within a RC...

Published

Julian Luk

October 01, 2020

09:46 GMT

Hong Kong