[Cu] Summary - 2009/9/24 Scrap Copper Market-Shanghai Metals Market

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[Cu] Summary - 2009/9/24 Scrap Copper Market

SMM Insight 01:16:23PM Dec 07, 2009 Source:SMM

SHANGHAI, Sept. 24 (SMM) -- North China, today #1 scrap copper was traded at RMB 44,400-44,700/mt, market supply was moderate, and the buying interest became lower, and the trading sentiment was lukewarm.

    East China, today #1 scrap copper was traded at RMB 44,500-44,800/mt, scrap copper prices remained stable, dampening market confidence. The sell-off sentiment surfaced in the market, and trading volumes dropped.

    South China, today #1 scrap copper was traded at RMB 44,800-45,000/mt, the purchasing interest was low despite of lower prices, and trading volumes remained low.

 

Copyright © 2009, 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

[Cu] Summary - 2009/9/24 Scrap Copper Market

SMM Insight 01:16:23PM Dec 07, 2009 Source:SMM

SHANGHAI, Sept. 24 (SMM) -- North China, today #1 scrap copper was traded at RMB 44,400-44,700/mt, market supply was moderate, and the buying interest became lower, and the trading sentiment was lukewarm.

    East China, today #1 scrap copper was traded at RMB 44,500-44,800/mt, scrap copper prices remained stable, dampening market confidence. The sell-off sentiment surfaced in the market, and trading volumes dropped.

    South China, today #1 scrap copper was traded at RMB 44,800-45,000/mt, the purchasing interest was low despite of lower prices, and trading volumes remained low.

 

Copyright © 2009, 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