COPPER CONCS SNAPSHOT: Index moves higher on tenders for end-year tonnage

Fastmarkets’ copper concentrate treatment and refining charge (TC/RC) index inched up 1.1% in the week ending Friday October 23, with market participants anticipating an influx of tendered material leading to a more well supplied spot market.

Fastmarkets' copper concentrates TC index, cif Asia Pacific moved to $45.10 per tonne on Friday, up by 50 cents on the week prior.

Concentrates from Jabal Sayid, Mission, Ray, Escondida and DeGrussa are currently out to tender in the market, although some are for combination end-2020-2021 or 2021-2022 supply deals. Fastmarkets only includes trade data from clean,...


Archie Hunter

October 23, 2020

16:22 GMT