Copper scrap materials in Tianjin market extend their gains on Monday (September 17), according to market research.

The purchasers are seen purchasing with a little bit caution, daring not to chase the price trend rashly. For the suppliers, they continue to be reluctant to sell at current levels due to extremely tighter supply in local market, so very, very few market trades are done today.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 53,200-53,400 yuan/ton today. And #1 Copper around 52,600-52,800 yuan/ton. (Source: Lingtong Metal Information)