China's CSPT sets Q3 copper TC/RC buying guidance at $55/5.5c

China's Copper Smelters Purchase Team (CSPT) set the third-quarter base price for treatment and refining charges (TC/RCs) at $55 per tonne/5.5 cents per lb on Friday June 25, sources told Fastmarkets.

The base price was agreed by CSPT’s representatives at a meeting in Tongling, Anhui province on Friday.

At the second quarter meeting, the CSPT did not reach an agreement on the...


Sally Zhang

June 25, 2021

09:02 GMT