The China Copper Raw Material Joint Negotiation Group has decided not to set a guiding price for the processing fee TC/RC of copper concentrate in the second quarter
2024-03-28 03:29:44
Jinshi Futures, March 28th - According to Reuters, two insiders said on Thursday that the China Copper Raw Materials Joint Negotiation Group has decided not to set a guidance price for the processing costs (TC/RCs) of copper concentrate in the second quarter of 2024. The decision not to release guidance prices for the second quarter of this year was made after supply shortages and a significant decrease in TC costs in the spot market. In addition, the Chinese copper raw material joint negotiation group has proposed a 5% -10% reduction in production.
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