Copper scraps prices in Tianjin market drop further on Thursday (October 25), according to market research. And the trades remain flat today.

At present, the local copper supply is extremely tight, so many holders get increasing reluctance to sell at current levels. On the side of buyers, they also take no interest in buying some.

At the moment of this writing, #1 Bare Bright in Tianjin market deals between 52,100-52,300 yuan/ton today. And #1 Copper around 51,400-51,600 yuan/ton. (Source: Lingtong Metal Information)