COPPER CONCS SNAPSHOT: TC/RCs dip to low $20/2 with ongoing Q2 purchases

Copper smelters were still looking for May and June shipments this week, while traders were also actively acquiring copper concentrate in the tightly supplied market, sources told Fastmarkets on Friday April 9.

Fastmarkets' copper concentrates treatment charge/ refining charge(TC/RC) index, cif Asia Pacific, dropped to low $20s/2 cents this week for the first time.

Smelters in China have been buying concentrate consistently below $30/3 cents for clean, standard-grade quality this...


Archie Hunter

Julian Luk

April 09, 2021

16:40 GMT