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[Cu] Summary - 2009/5/25 Scrap Copper Market
SHANGHAI, May 25 (CBI China) -- North China today 1# bright copper was traded at RMB 35,200-35,500/mt, the market supply was tight, and the cargo-holders continued to lift the prices, hampering the recovery of trading volumes.
East China today 1# bright copper was traded at RMB 35,000-35,300/mt, the market supply was tight, and the buyers had no interest in purchase, leading to neutral market sentiment.
South China today 1# bright copper was traded at RMB 35,000-35,200/mt, the downstream producers were cautious toward price rebound, leading to limited market transactions.
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