HomeSearch-results Copper TC/RCs edge higher after cargoes diverted to spot market, but tightness remains a concern Spot copper concentrate treatment and refining charges (TC/RCs) inched higher in early January after several cargoes were released into the spot market due to disruptions at Asian smelters, but supply tightness remains a concern amid solid buying interest. The Metal Bulletin copper concentrates TC/RC index stood at $81 per tonne/81 cents per lb on Monday January 15, up slightly from $79.80/7.98 cents at the end of 2017, when the index had hit a four-month low in line with the lower annual TC/RCs benchmark agreed between Freeport McMoRan and Tongling Nonferrous for 2018. Spot TC/RCs edged higher in response to news that operations at Glencore’s Pasar copper smelter and refinery in Philippines have been suspended since early January due to a technical failure, and cargoes from the facilities were being diverted into the spot market. “If this continues you may see more... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Danielle Assalve Kiki Kang Archie Hunter January 16, 2018 08:00 GMT Shanghai, London, São Paulo Keywords copper concentrates treatment and refining charges TC/RCs Pasar Glencore Birla Copper Dahej copper prices Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
