COPPER CONCS SNAPSHOT: TC/RCs remain at 1.5-month high
September 26, 2020 / www.metalbulletin.com / Article Link
Fastmarkets copper concentrate treatment charges/refining charges (TC/RC) index is largely unchanged from a week ago when it rebounded to a month-and-a-half high.
Market sources still believe smelter purchases are in the high $40s per tonne/4 cents per lb to the low $50s per tonne/5 cents per lb, with less tendered tonnages available this week.
The spot market is less vibrant with Japanese holidays...