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[Cu] Summary - 2009/6/4 Scrap Copper Market
SHANGHAI, June 4 (CBI China) -- North China today 1# bright copper was traded at RMB 36,000-36,200/mt, the offers experienced sharp declines, and the consumption was weak, leading to worse transactions.
East China today 1# bright copper was traded at RMB 36,000-36,200/mt, the supply was moderate in the market, and the suppliers were active in moving cargos, but the buying sentiment of downstream consumers was low, leaving to neutral transactions.
South China today 1# bright copper was traded at RMB 37,000-37,200/mt, the offers for scrap copper were higher in this region than other regions due to strict customs clearance. However, the buying sentiment was low, resulting in limited transactions.
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