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[Cu] Summary – 2009/1/6 Scrap Copper Market

iconDec 7, 2009 13:16

SHANGHAI, Jan. 6 (CBI China) -- North China today 1# bright copper traded at RMB 26,900-27,200/mt, the downstream copper rod producers had high interest in purchase, but the transactions were limited due to limited supply

    East China today 1# bright copper traded at RMB 25,500-26,000/mt, the downstream felt difficult to purchase refined copper with an acceptable price, leading to the muted transactions.

    South China today 1# bright copper traded at RMB 26,600-26,800/mt, as the Spring Festival approaches, the supply became tighter, with general downstream demand and slim transactions.

 

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