China's spot blister RCs at 2.5-year high on ample domestic supplies, scrap inflows

China's spot blister copper refining charges (RCs) rose in April to their highest level since September 2019 amid increased competition from domestic units and surging scrap availability.

Fastmarkets' price assessment for copper blister 98-99% ,RC spot, cif China, was $185-200 per tonne on Friday April 30, up from $170-185 per tonne a month ago. 

Few tonnages were sold and offered in the $180s to low $200s to smelters during...

Published

Julian Luk

April 30, 2021

17:39 GMT

London