From the market research, copper scraps prices in Tianjin market remain stable on Thursday (November 1), according to market research.
The majority of local buyers prefer to buy copper cathode right now because the scrap materials prices are still at high points, and the supply are extremely tight. In addition, the holders stick to their prices on scraps very firmly. The whole market trades are improved today.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 51,700-51,900 yuan/ton today. And #1 Copper around 51,000-51,200 yuan/ton. (Source: Lingtong Metal Information) |