COPPER CONCS SNAPSHOT: China smelters continue to snap up March cargoes

The copper concentrate market continued to be active this past week although treatment and refining charges (TC/RC) were unchanged after a marked drop two weeks ago.

What you need to know 
High swells in Chile causing disruptions to January shipments there. Smelters in China continue to buy at lower levels, especially for March. Traders continue sharp bets on small tonnages tendered by miners.

Fastmarkets' copper concentrates TC/RC index cif Asia Pacific was $40.1 per tonne / 4.01 cents per lb on Friday...

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