COPPER CONCS SNAPSHOT: TC/RCs hit new low for third consecutive week
August 22, 2020 / www.metalbulletin.com / Article Link
Fastmarkets copper concentrate treatment and refining charge (TC/RC) index continues to set new lows and has done for three weeks in a row.
Major Chinese smelters are well-stocked for the third quarter, with Collahuasi, Cerro Verde and some clean brands reported being bought in the high $40s, Fastmarkets heard.
Traders' buying levels are heard to be in a range of high $30s to low $40s, while...