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[Cu] Summary - 2009/8/27 Scrap Copper Market
SHANGHAI, Aug. 27 (SMM) -- North China, today 1# bright copper was traded at RMB 45,000-45,300/mt, scrap copper prices remained unchanged for several days, and downstream buying interest was moderate, with weak transactions.
East China, today 1# bright copper was traded at RMB 45,200-45,500/mt, copper prices trend remained uncertain, generating a cautiousness of buyers, so inquiries were down, and transactions were slim.
South China, today 1# bright copper was traded at RMB 45,900-46,100/mt, some traders were active in moving goods, while others continued to stand on sidelines. Downstream consumers held a cautious attitude and purchased based on production needs, leaving lackluster trading activity.
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