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[Cu] Summary - 2009/9/24 Scrap Copper Market

iconSep 24, 2009 00:00

SHANGHAI, Sept. 24 (SMM) -- North China, today #1 scrap copper was traded at RMB 44,400-44,700/mt, market supply was moderate, and the buying interest became lower, and the trading sentiment was lukewarm.

    East China, today #1 scrap copper was traded at RMB 44,500-44,800/mt, scrap copper prices remained stable, dampening market confidence. The sell-off sentiment surfaced in the market, and trading volumes dropped.

    South China, today #1 scrap copper was traded at RMB 44,800-45,000/mt, the purchasing interest was low despite of lower prices, and trading volumes remained low.

 

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