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

Hot Keywords

  • Zinc
  • Market commentary
  • Aluminium
  • Copper scrap
  • Copper
  • Steel
  • Nickel
  • Futures movement
  • Nickel sulphate
  • Inventory data
  • Nickel ore
  • Morning comments
  • Evening comments
  • gold price
  • Tin

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

Data Analysis 01:16:23PM Dec 07, 2009 Source:SMM

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.

 

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 – 2009/1/14 Scrap Copper Market

Data Analysis 01:16:23PM Dec 07, 2009 Source:SMM

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.

 

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