Copper scraps prices in Tianjin market fall by about 500 yuan per tonne on Monday (October 22), according to market research.

The majority of local buyers prefer to stay in the sidelines at this moment rather than restock some. However, there are still several buyers seizing the opportunity to cut their prices sharply to do some buying. The whole market transactions are in a stalemate on the day.

At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 52,500-52,700 yuan/ton today. And #1 Copper around 51,800-52,000 yuan/ton. (Source: Lingtong Metal Information)