According to market research, prices of copper scraps in Tianjin market surge further on Wednesday (September 19).

Some suppliers seize the opportunity to do some selling on peaks in order to lock their profits. But on the side of buyers, they step back into to the sidelines due to current copper correction.

At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 53,500-53,700 yuan/ton today. And #1 Copper around 52,800-53,000 yuan/ton. (Source: Lingtong Metal Information)