Copper scraps prices in Tianjin market lift by about 200 yuan per ton on Monday (September 3), according to market research. And the market transactions are improved.
For now, spot copper supply gets extremely tight in local market because of declining import replenishment. Both of traders, manufacturers and fabricators are eager to restocking some, so the holders also stick to their prices firmly.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 50,600-50,800 yuan/ton today. And #1 Copper around 49,900-50,100 yuan/ton. (Source: Lingtong Metal Information) |