Copper concentrate treatment and refining charges (TC/RCs) dropped marginally during the week to Friday February 5, with smelters continuing to stock up ahead of the Lunar New Year holidays.
It is the second consecutive week that the Fastmarkets copper concentrates TC index, cif Asia Pacific has dipped below $40 per tonne / 4 cents per lb. It was calculated at $37 / 3.70 cents on Friday, compared with $38.2/3.82 cents last week.