Freeport Settles Copper Concentrate Term TCs at $92.5 per tonne for Chinese Buyers in 2017, SMM Reports-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Futures movement
  • Copper
  • Aluminium
  • Inventory data
  • Lead
  • Evening comments
  • Macroeconomics
  • MMi Iron Ore Port Index
  • Li-Ion Battery Cathode Material
  • Morning comments
  • Customs data
  • Silicon
  • Nickel

Freeport Settles Copper Concentrate Term TCs at $92.5 per tonne for Chinese Buyers in 2017, SMM Reports

SMM Insight 02:10:32PM Nov 17, 2016 Source:SMM

SHANGHAI, Nov. 17 (SMM) - Freeport McMoRan Inc. set TCs for copper concentrate under term contracts at $92.5 per tonne for Chinese buyers in 2017, SMM understands.

“The TCs are lower than the market expected as growth in global copper smelting capacity is faster than that in copper ore output.” SMM said. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Price

more
#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Freeport Settles Copper Concentrate Term TCs at $92.5 per tonne for Chinese Buyers in 2017, SMM Reports

SMM Insight 02:10:32PM Nov 17, 2016 Source:SMM

SHANGHAI, Nov. 17 (SMM) - Freeport McMoRan Inc. set TCs for copper concentrate under term contracts at $92.5 per tonne for Chinese buyers in 2017, SMM understands.

“The TCs are lower than the market expected as growth in global copper smelting capacity is faster than that in copper ore output.” SMM said. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.