Copper - Market trends and analysis

摘要

Below we provide some highlights from last week’s Asia Copper Week in Shanghai, where the focus was very much on negotiations for contract TC/RCs and premiums. Freeport McMoRan agreed annual TC/RCs of $92/tonne and 9.2￠/lb for 2014 with Jiangxi Copper, and other Chinese and Japanese smelters early last week.