Copper TC/RCs rise as trade destocking continues

摘要

Processing fees for copper concentrates kept rising during the secondhalf of April as traders offloaded cargoes they had bought earlier inthe year and bid less aggressively in mine tenders.The Metal Bulletin Copper Concentrates Index was calculated at$92.10 per dry metric tonne/9.21 cents per lb on April 29, up from$82.4/8.24 at the start of the month and at the highest level sinceJanuary.