COPPER CONCS SNAPSHOT: TC/RCs stay low despite weak appetite from smelters

Caution over Chilean mined copper availability continued to keep the processing charges for copper concentrate resolutely low this week, while smelter appetite for spot tonnages was also diminishing.

Miner-to-trader deals were taking place anywhere from the mid-$30s to the low-$40s. Sellers were offering to smelters at below $50 per tonne / 5 cents per lb, but Fastmarkets is yet to receive confirmation of deals done at those levels.
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