COPPER CONCS SNAPSHOT: Europe, Japan, South Korean smelters cover tonnes from mining shutdown shortfall

The copper concentrate spot market has become active in Europe, Japan and South Korea as smelters look to cover tonnages disrupted by shutdowns and logistics hitches. Chinese smelters remain well covered.

Fastmarkets' copper concentrates TC index, cif Asia Pacific dropped to $63.20 per tonne / 6.32 cents per lb, down from $66.70 / 6.67 cents, its lowest since February 7.
Impact of virus-led lockdown on copper production:

?EUR? The suspension of operations at Cerro Verde will be...

China's gold holdings to central bank reserves still low

China has broad effect on gold market

Gold stocks mixed after previous week's huge gains

Large TSXV gold multiple driven up by high Artemis weighting

Monetary-driven precious metals outperform major base metals