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Home / Metal News / RCs for seaborne blister copper dip from mid-Feb

RCs for seaborne blister copper dip from mid-Feb

Mar 1, 2019 11:39

Source:SMM

As of Mar 1, RCs for imported blister copper were mostly offered at $175-185/mt cif

SHANGHAI, Mar 1 (SMM) – Trades of spot blister copper improved as more downstream buyers recovered as of Friday March 1, which slightly lowered refining charges (RCs) for seaborne materials, SMM assessment showed.

As of March 1, RCs for imported blister copper were mostly offered at $175-185/mt cif, and RCs for domestic materials at 1,500-1,600 yuan/mt, including freight charges. Transactions mostly occurred at low prices, SMM learned.

In mid-February, SMM assessed that RCs for domestic blister copper were offered at 1,500-1,600 yuan/mt, and RCs for imported blister copper at $179-185/mt cif.

Market commentary

Blister copper

Refining charges (RCs)

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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RCs for seaborne blister copper dip from mid-Feb

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