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[Cu] Summary - 2009/5/13 Scrap Copper Market
SHANGHAI, May 13 (CBI China) -- North China today 1# bright copper was traded at RMB 35,400-35,700/mt, the downstream producers were cautious about the price rebounding, so the transactions remained weak.
East China today 1# bright copper was traded at RMB 35,400-35,700/mt, the buyers were cautious toward purchase, so the trading sentiment remained depressed.
South China today 1# bright copper was traded at RMB 35,700-35,900/mt, the cargo-holders lifted the prices, but the downstream producers were wait-and-see, leading to weak trading volumes.
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