Metals News
[Cu] Summary - 2009/11/9 Scrap Copper Market
smm insight
Dec 7,2009

SHANGHAI, Nov. 9 (SMM) -- North China, today #1 scrap copper was traded at RMB 47,000-47,300/mt, market supply was relatively tight, and traders raised offers significantly, driving up traded prices as well, and the trading sentiment was modest.

    East China, today #1 scrap copper was traded at RMB 46,700-47,000/mt, market supply was general, and both suppliers and buyers took a cautious view, leaving lukewarm trading sentiment.

    South China, today #1 scrap copper was traded at RMB 47,000-47,200/mt, traders kept offers firm, but purchasing interest was low, resulting in weak transactions.


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