Tag: negative tc rc

China: Copper concentrate treatment and refining charges to remain under pressure on tight supply

Apr 16, 2026

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by

Pranjaly

in Copper, Non Ferrous

Supply tightness in concentrates continues to pressure TC/RCs Smelter margins under severe stress amid negative TC/RC regime China’s clean copper concentrate treatment and refining charges (TC/RCs) are likely to stay under pressure in Q2 2026 due to ongoing tight global supply, as noted by traders, producers, and smelters. This is partly because export permits for…