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[Cu] Summary - 2009/6/17 Scrap Copper Market
SHANGHAI, June 17 (CBI China) -- North China today 1# bright copper was traded at RMB 36,200-36,500/mt, supply in the market was limited, while the downstream purchasing interest was general, and the transactions were moderate.
East China today 1# bright copper was traded at RMB 36,200-36,600/mt, supply was tight in the market, and the higher scrap copper price than refined copper price dampened the buying interest, so the transactions were weak.
South China today 1# bright copper was traded at RMB 36,800-37,000/mt, the unwillingness in moving goods of cargo-holders increased, and the downstream users showed a cautious attitude over the high price, leading weak transactions.
Copyright © 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
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