COPPER CONCS SNAPSHOT: TC/RCs remain under $40/4; smelters continue to stock up

Copper concentrate treatment and refining charges (TC/RCs) dropped marginally during the week to Friday February 5, with smelters continuing to stock up ahead of the Lunar New Year holidays.

It is the second consecutive week that the Fastmarkets copper concentrates TC index, cif Asia Pacific has dipped below $40 per tonne / 4 cents per lb. It was calculated at $37 / 3.70 cents on Friday, compared with $38.2/3.82 cents last week.


Archie Hunter

Julian Luk

February 05, 2021

14:08 GMT

Hong Kong, London