Spot copper TC/RCs near 6-year high but other risks persist

Spot copper treatment and refinement charges (TC/RCs) have been rising steadily since late March this year, and were around a six-year high in the week to Friday August 11.

Fastmarkets calculated the weekly copper concentrates TC index, cif Asia Pacific, at $89.10 per tonne on Friday, and the corresponding copper concentrates RC index, cif Asia Pacific, at 8.91 cents...