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[Cu] Summary - 2009/6/10 Scrap Copper Market
SHANGHAI, June 10 (CBI China) -- North China today 1# bright copper was traded at RMB 36,700-37,000/mt, the traders had high interest in moving cargos, while the consumption remained weak, leading to scarce transactions.
East China today 1# bright copper was traded at RMB 36,600-36,900/mt, the supply was moderate in the market, but the traders were firm with their offers, resulting in weak transactions.
South China today 1# bright copper was traded at RMB 37,400-37,600/mt, the downstream producers rejected the high-priced copper, contributing to lower purchasing volumes. The overall trading sentiment remained slim.
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