COPPER CONCS SNAPSHOT: TC/RC index sinks to fresh record lows as market snaps up spot tonnes

Fastmarkets' benchmark copper concentrates index continued its downward momentum in the week to Friday March 12, reflecting buying from traders and smelters at progressively lower levels.

Fastmarkets' copper concentrates treatment and refining charge (TC/RC) index, cif Asia Pacific fell to $26 per tonne / 2.6 cents per lb on Friday, down by 14% from a week prior.

Chinese smelters are...

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