SHANGHAI, Jan. 20 (SMM) - Japan-based Pan Pacific Copper agreed on a 5% cut on term copper concentrate TC/RCs to $92.50 per tonne and 9.25 cent per pound in 2017 amid supply tightness, wenhua.com reported.
The name of the copper ore supplier was not disclosed, though.
The copper concentrate TC/RCs have been slashed further from 2016’s term TC/RCs at $97.35 per tonne and 9.735 cent per pound.
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