Blister copper imports out of favor as Chinese buyers turn to domestic scrap, ingots

March 03, 2021 / www.metalbulletin.com / Article Link

Chinese buyer interest in the overseas blister copper spot market shrank in February due to the increased availability of lower-cost substitute material - scrap and ingots - in the domestic market.

Refining charges (RCs) for 98-99% blister copper, cif China, were assessed at $160-170 per tonne for February - rising due to the increasing availability of overseas blister copper compared with January when RCs were assessed at $150-165 per tonne.  

More high purity copper scrap, a substitute for blister...

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