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[Cu] Summary - 2009/4/13 Scrap Copper Market
SHANGHAI, Apr. 13 (CBI China) -- North China today 1# bright copper traded at RMB 41,200-41,500/mt, the price of scrap copper soared, while the sales at copper rod producers were weak. However, the market demand remained active due to stock buildup and the investment factors.
East China today 1# bright copper traded at RMB 41,200-41,500/mt, the scrap copper traders were optimistic about the price outlook, and their selling sentiment increased slightly. The downstream producers had moderate buying sentiment, and the transactions were general.
South China today 1# bright copper traded at RMB 42,100-42,300/mt, the traders pushed up the quotations, and the supply was moderate in the market, and the overall transactions were active.
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
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