Discussions between Chinese copper smelter Jiangxi Copper and Zambian producer Chambishi on annual blister copper refining charges (RCs) for 2021 are at their final stage, with both sides expecting a rise in terms, Fastmarkets has learned.
Benchmark RCs for contractual supply of intermediate copper products in 2021 have still not been signed, sources said.In mid-December 2019, agreement was reached on a 2020 supply contract at an RC of $128 per tonne cif China,...