According to market research, physical copper prices in Tianjin market fall slightly on Monday (October 8).
For now, copper fabricators and recyclers act with great caution when replenishing some materials. With still-tighter supply, the holders are reluctant to sell, sticking to their prices firmly.
At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 53,200-53,400 yuan/ton today. And #1 Copper around 52,500-52,700 yuan/ton. (Source: Lingtong Metal Information) |