[Cu] Summary - 2009/11/25 Scrap Copper Market-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • hydrogen stations
  • Market commentary
  • Copper
  • thép
  • Production data
  • Aluminium
  • Stainless steel
  • Macroeconomics
  • Morning comments
  • Mengtai Group
  • Lithium
  • Iron ore

[Cu] Summary - 2009/11/25 Scrap Copper Market

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

SHANGHAI, Nov. 25 (SMM) -- North China, today #1 scrap copper was traded at RMB 50,500-50,800/mt, scrap copper prices increased significantly, but purchasing interest was low, and overall transactions were modest.

    East China, today #1 scrap copper was traded at RMB 50,300-50,600/mt, market supply was tight, and price fluctuations raised buyer cautiousness, leaving lukewarm trading sentiment.

    South China, today #1 scrap copper was traded at RMB 51,000-51,200/mt, trading sentiment dropped today, and fluctuations in SHFE copper prices exerted negative impact on downstream purchase interest, resulting in general trading sentiment.

 

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 - 2009/11/25 Scrap Copper Market

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

SHANGHAI, Nov. 25 (SMM) -- North China, today #1 scrap copper was traded at RMB 50,500-50,800/mt, scrap copper prices increased significantly, but purchasing interest was low, and overall transactions were modest.

    East China, today #1 scrap copper was traded at RMB 50,300-50,600/mt, market supply was tight, and price fluctuations raised buyer cautiousness, leaving lukewarm trading sentiment.

    South China, today #1 scrap copper was traded at RMB 51,000-51,200/mt, trading sentiment dropped today, and fluctuations in SHFE copper prices exerted negative impact on downstream purchase interest, resulting in general trading sentiment.

 

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