COPPER CONCS SNAPSHOT: TC/RC index swings to 15-month high, market liquidity returns

Copper concentrate treatment and refining Charges (TC/RCs) continued their surge in early August, with traders and smelters setting down strong bids at clear levels after weeks of inactivity.

The Fastmarkets TC/RC index, which tracks the mid-point of the market, came in at $54.6 per tonne / 5.46 cents per pound on August 13, up from $51.8 / 5.18 cents last Friday to reach its highest point in fifteen months.


Archie Hunter

Julian Luk

Sally Zhang

August 13, 2021

14:57 GMT

London, Shanghai