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[Cu] Summary - 2009/9/7 Scrap Copper Market
SHANGHAI, Sept. 7 (SMM) -- North China, today 1# bright copper was traded at RMB 44,800-45,000/mt, the rainy weather hampered scrap copper transactions, and traders were reluctant to move goods as well, leading to neutral trading sentiment.
East China, today 1# bright copper was traded at RMB 44,800-45,100/mt, traders were reluctant to sell goods, while downstream manufacturers were cautious about purchases, resulting in weak trading sentiment.
South China, today 1# bright copper was traded at RMB 45,800-46,000/mt, cargo-holders were unwilling to move goods, while limited market supply was available for downstream consumers, so trading volumes were very limited.
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