Metals News
[Cu] Summary - 2008/12/29 Scrap Copper Market
smm insight
Dec 7,2009

SHANGHAI, Dec. 29 (CBI China) -- North China today 1# bright copper traded at RMB 24000-24300/mt, prices remained stable, the downstream demand remained weak and the supply was still limited, leading the slim transactions.

    East China today 1# bright copper traded at RMB 22900-23200/mt, the supply was tight and the demand improved, but the transactions remained weak.

    South China today 1# bright copper traded at RMB 23600-23800/mt, although the spot goods became ample, the transactions declined due to the low market sentiment before the Holiday


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