Metals News
[Cu] Summary – 2009/1/12 Scrap Copper Market
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Jan. 12 (CBI China) -- North China today 1# bright copper traded at RMB 29,300-29,500/mt, as the copper rod was well-sold due to limited supply, leading to positive purchase of scrap copper, but few producers remained production, causing limited purchase volumes and slim transactions.

    East China today 1# bright copper traded at RMB 28,000-28,300/mt, the supply remained tight, the downstream has low interest in prices rebound and in stock replenishment, leading to weak transactions.

    South China today 1# bright copper traded at RMB 28,400-28,600/mt, the prices rebound stimulated the enthusiasm of the buyers; however, the traders stuck to the higher prices, leading to muted transactions.

 

Copyright © 2008, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040

CBI China CBMB
copper scrap Cu
Market movement
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data