From the market research, there is little change in copper scraps prices in Tianjin market on Wednesday (August 29).
The market participants continue to keep in a wait-and-see attitude amid current weak demand momentum. And the majority of them have no incentive to buy now. The whole market trade volumes are limited.
At the moment of this writing, #1 Bare Bright in Tianjin market deals between 50,400-50,600 yuan/ton today. And #1 Copper around 49,700-49,900 yuan/ton. (Source: Lingtong Metal Information) |