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[Cu] Summary – 2009/1/14 Scrap Copper Market

iconDec 7, 2009 13:16

SHANGHAI, Jan. 14 (CBI China) -- North China today 1# bright copper traded at RMB 29,000-29,300/mt, the purchase sentiment of the downstream was positive, leading to higher prices and moderate transactions.

    East China today 1# bright copper traded at RMB 27,000-27,300/mt, the traders were reluctant to sell due to prices declines, the purchase sentiment of the downstream was weak, leading to slim transactions.

    South China today 1# bright copper traded at RMB 27,800-28,000/mt, both the buyers and the sellers were cautious due to the fluctuated prices, and the transactions were sluggish.

 

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