[Cu] Summary - 2009/10/22 Scrap Copper Market-Shanghai Metals Market

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[Cu] Summary - 2009/10/22 Scrap Copper Market

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

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.

 

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 - 2009/10/22 Scrap Copper Market

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

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.

 

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