Blister copper RC ticks upward in June; major producers plan July stoppages

Interest in China for imported blister copper remained lackluster in June, with copper buyers showing a preference for domestic blister and copper scrap, Fastmarkets heard on Friday July 2.

Refining charges (RC) for the intermediate product ticked upward last month, with more availability, and suppliers noting a lack of appetite for extra units.
Fastmarkets assessed the copper blister 98-99% RC, spot, cif China, at $220-250 per tonne on June 30, widening upward slightly from $220-240 per tonne a month earlier.

The current RC level was the...

Base metals outlook for 2026 opaque after decent rise last year

Gold and silver stocks far outpace the major markets

Bank of Japan boosts rates, continuing an unwinding carry trade

Gold stocks outperform equity market slide

Silver inventories rebound in UK, output from major producers rises