Fastmarkets' copper concentrate treatment and refining charge (TC/RC) index inched up 1.1% in the week ending Friday October 23, with market participants anticipating an influx of tendered material leading to a more well supplied spot market.
Concentrates from Jabal Sayid, Mission, Ray, Escondida and DeGrussa are currently out to tender in the market, although some are for combination end-2020-2021 or 2021-2022 supply deals. Fastmarkets only includes trade data from clean,...