Metals News
[Cu] Summary - 2009/10/22 Scrap Copper Market
smm insight
Dec 7,2009

SHANGHAI, Oct. 22 (SMM) -- North China, today #1 scrap copper was traded at RMB 45,500-45,800/mt, traders raised prices sharply, and were keen on moving goods, but downstream consumers were cautious, and the trading sentiment was modest.

    East China, today #1 scrap copper was traded at RMB 45,900-46,200/mt, traders stood on the sidelines and held low interest in transactions, resulting in lukewarm trading sentiment.

    South China, today #1 scrap copper was traded at RMB 46,300-46,500/mt, price hike fueled the purchasing interest, and trading volumes increased as a result, but market sentiment remained neutral.


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