Copper TC/RCs have ticked down after the range for spot terms between traders and smelters narrowed. As a result,
Fastmarkets’ copper concentrates TC index, cif Asia Pacific came in at $45.30 per tonne on November 13, down from a four month high of $46.40 per tonne week on week.
Smelters, on the whole, are refraining from buying with annual negotiations in play, but those with shorts to fill are...
