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[Cu] Summary - 2009/6/18 Scrap Copper Market

iconJun 18, 2009 00:00

SHANGHAI, June 18 (CBI China) -- North China today 1# bright copper was traded at RMB 36,200-36,500/mt, the downstream buying interest became higher due to copper price recovery, while the limited resources from traders restricted the transactions.

    East China today 1# bright copper was traded at RMB 36,400-36,700/mt, the supply was tight in the market, and the buying sentiment was high, leading to improved market transactions.

    South China today 1# bright copper was traded at RMB 37,200-37,400/mt, the inquiries increased in the market, and the buying interest was high, but the limited supply restricted the growth of trading volumes.

 

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