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Pan Asian Holdings Limited (5EW.SI)

SES - SES Delayed Price. Currency in SGD
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0.0950+0.0040 (+4.40%)
At close: 9:54AM SGT
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  • Reuters SG

    Platts launches daily China copper TC/RC assessment

    Commodity pricing provider S&P Global Platts launched on Monday a daily assessment of spot treatment and refining charges (TC/RCs) for clean copper concentrate supply to top metals consumer China, in a bid to help make the trade more transparent. Platts will also provide an outright daily spot price for clean copper concentrate on a cost, insurance, freight (c.i.f.) China basis, it said in a statement. For Monday, the Platts TC/RC assessment was $40 per tonne and 4 cents per lb. Other companies that assess spot TC/RCs include Asian Metal, Fastmarkets and SMM.