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Home / Metal News / Pan Pacific Copper Agreed on 5% Cut in Copper Concentrate Term TC/RCs for in 2017

Pan Pacific Copper Agreed on 5% Cut in Copper Concentrate Term TC/RCs for in 2017

Jan 20, 2017 10:14

Source:SMM

Japan-based Pan Pacific Copper agreed on a 5% cut on copper concentrate TC/RCs to $92.50 per tonne and 9.25 cent per pound by a Chinese copper ore supplier amid supply tightness, wenhua.com reported.

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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