COPPER CONCs SNAPSHOT: Spot terms rise as benchmark negotiations stall

December 08, 2020 / www.metalbulletin.com / Article Link

Copper concentrate treatment and refining charges rose at the beginning of December with the market becoming quieter during the annual benchmark negotiation period.

The progress in TC/RC negotiations has been slow in the week ended Friday December 4, with a considerable gap between the aspirations of major miners and smelters, sources familiar with the matter said.

In the spot market, Fastmarkets' copper concentrates TC index, cif Asia Pacific, rose to $44.80 per tonne on December 4,...

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