There are some losses in copper scraps in Tianjin market on Thursday (September 27), according to market research.

With expanding losses in Shanghai copper futures, some buyers have intention to replenish some ahead of national days holiday. They even try to lower their offers this morning. Nevertheless, many suppliers persevere in their prices firmly due to declining imported scraps. In a word, the market gets stuck in a stalemate.

At the moment of this writing, #1 Bare Bright in Tianjin market deals between 53,100-53,300 yuan/ton today. And #1 Copper around 52,400-52,600 yuan/ton. (Source: Lingtong Metal Information)