Copper scraps prices in Tianjin market drop by about 200 yuan per ton on Tuesday (August 28), according to market research.

Buying interest from the local buyers is cooling down dramatically today due to a decline in copper prices. Most of them are scrambling to step back into the sidelines now. On the side of suppliers, they still stick to their prices.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 50,400-50,600 yuan/ton today. And #1 Copper around 49,700-49,900 yuan/ton. (Source: Lingtong Metal Information)