Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Tongling, Freeport set 2018 TC/RCs at $82.25/8.225 cents

Tongling, Freeport set 2018 TC/RCs at $82.25/8.225 cents

Dec 27, 2017 18:11

Source:SMM

Tongling Nonferrous Metals Group and Freeport have agreed to set the 2018 copper treatment and refining charges (TC/RCs) at $82.25/8.225 cents, SMM confirmed.

SHANGHAI, Dec 27 (SMM) – Tongling Nonferrous Metals Group and Freeport have agreed to set the 2018 copper treatment and refining charges (TC/RCs) at $82.25/8.225 cents, SMM confirmed.

This would be the annual benchmark for China Smelters Purchase Team (CSPT) to follow while others would reference the agreement in their negotiations.

The was below the 2017 copper concentrate TC/RCs benchmark at $92.50/9.25 cents.

copper

Tongling

Freeport

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Morning Comments (Mar 2): Base Metals Rose across the Board on Macro support

Shanghai base metals all closed with gains in the overnight trading amid surging energy prices, and their counterparts on LME performed similarly on Wednesday.

time

Mar 2, 2022 10:03

SMM Morning Comments (Mar 2): Base Metals Rose across the Board on Macro support

SMM Evening Comments (Feb 28): Shanghai Nonferrous Metals Closed Mixed amid Haunting Uncertainties around Russia-Ukraine Issue

Shanghai nonferrous metals closed mixed. Risk aversion sentiment was still high in light of sanctions from US and European counties on Russia. Nonetheless, it is specially pointed out by US officials that Russia’s oil and natural gas exports will be unaffected, easing the market sentiment to some extent.

time

Feb 28, 2022 19:00

SMM Evening Comments (Feb 28): Shanghai Nonferrous Metals Closed Mixed amid Haunting Uncertainties around Russia-Ukraine Issue

NDRC: To Guarantee Supply and Maintain Stable Prices of Important Raw Materials and Primary Products such as Iron Ore and Fertilizers

On February 18, the National Development and Reform Commission and other 11 central departments jointly issued a notice on a series of policies to promote stable growth of industrial economy.

time

Feb 18, 2022 15:39

NDRC: To Guarantee Supply and Maintain Stable Prices of Important Raw Materials and Primary Products such as Iron Ore and Fertilizers

CNIA: Strengthening the Control of the Total Amount of Copper and Import and Export

Optimising the national layout and accelerating the recycling industry.

time

Feb 17, 2022 18:04

CNIA: Strengthening the Control of the Total Amount of Copper and Import and Export

Analysis of Supply and Demand of Copper Market after Spring Festival in 2022

SMM expects that the overseas copper concentrates expansion projects will accommodate a combined capacity of 1.1 million mt in metal content in 2022.

time

Feb 17, 2022 17:25

Analysis of Supply and Demand of Copper Market after Spring Festival in 2022

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

Shanghai base metals mostly closed with gains on Thursday night. LME metals performed similarly on Thursday.

time

Feb 11, 2022 10:12

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

Copper Inventory in Major Chinese markets Added 1,400 mt over Weekend

As of Monday January 24, the copper inventory across major Chinese markets increased 1,400 mt from last Friday to 90,400 mt. The inventories recorded gains on Monday over the weekend for eight straight weeks, but the increment has always been moderate.

time

Jan 24, 2022 13:51

Copper Inventory in Major Chinese markets Added 1,400 mt over Weekend

Copper Inventory in Major Chinese Markets Dropped 11,200 mt From Monday

As of Friday January 7, the copper inventory across major Chinese markets dropped 11,200 mt from Monday January 3 to 83,700 mt.

time

Jan 7, 2022 13:10

Copper Inventory in Major Chinese Markets Dropped 11,200 mt From Monday

SMM Morning Comments (Jan 6): Fed’s Hawkish Signals Weighed on Base Metals

Shanghai base metals mostly trended lower on Thursday morning after the Fed released hawkish signals. Meanwhile, their counterparts on LME performed similarly.

time

Jan 6, 2022 10:00

SMM Morning Comments (Jan 6): Fed’s Hawkish Signals Weighed on Base Metals

China Weekly Inventory Summary and Data Wrap (Oct 15)

This is a roundup of China's metals weekly inventory as of October 15.

time

Oct 15, 2021 20:00

China Weekly Inventory Summary and Data Wrap (Oct 15)

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  To Be Determined
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.