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[Cu] Summary - 2009/6/3 Scrap Copper Market
SHANGHAI, June 3 (CBI China) -- North China today 1# bright copper was traded at RMB 37,000-37,300/mt, copper price hike showed weak performance, and the downstream producers adopted wait-and-see attitude, leading to falling market sentiment and declining trading volumes.
East China today 1# bright copper was traded at RMB 37,100-37,400/mt, the supply was general, but the buying sentiment was low, so the transactions were weak.
South China today 1# bright copper was traded at RMB 37,700-37,900/mt, the scrap copper supply was tight, but the buying sentiment of downstream producers remained low, leading to moderate transactions.
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