COPPER CONCS SNAPSHOT: Shorts snapping up spare tonnes send TC/RCs to new lows

February 13, 2021 / www.metalbulletin.com / Article Link

Copper concentrate treatment and refining charges (TC/RCs) dropped further into Fastmarkets' record lows, with the market pricing spot cargoes at slimmer discounts to London Metal Exchange prices ahead of the Lunar New Year holidays.



Fastmarkets' benchmark copper concentrates TC/RC index, cif Asia Pacific settled at $36.20 per tonne / 3.62 cents per lb on Friday February 12, down from $37 per tonne / 3.7 cents per lb a...

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