Copper concentrates TC/RCs fall to 4-month low on supply concerns

Processing charges for copper concentrates acquired through the spot market have continued to fall through the week ending Friday January 13, with continuing concerns about the stability of supply in the first quarter of the new year.

This week marks the first time that Fastmarkets’ copper concentrates treatment charge (TC) index, cif Asia Pacific, has fallen below the level of $80 per tonne/8 cents per lb since...