COPPER CONCS SNAPSHOT: TC/RC dips further; China smelters mull output cut

Copper concentrate treatment and refining charges (TC/RCs) dipped slightly this week with only hand-to-mouth purchases made after China's Lunar New Year holiday, sources told Fastmarkets on February 19.

Fastmarkets' benchmark copper concentrates TC/RC index, cif Asia Pacific settled at $35.80 per tonne / 3.58 cents per lb on Friday February 19, down from $36.2 per tonne / 3.62 cents per lb a week earlier.

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