According to market research, copper scraps prices in Tianjin market still have little change on Friday (November 2).

Copper holders raise their offers sharply this morning, meanwhile, most of buyers are active in making an enquiry.

However, with declines in SHFE copper futures, the market sentiment seems to have cooled down rapidly. Several purchasers also seize the chance to lower their prices, but the suppliers refuse to accept these offers. Overall, the whole market trade volumes are on the soft side.

At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 51,700-51,900 yuan/ton today. And #1 Copper around 51,000-51,200 yuan/ton. (Source: Lingtong Metal Information)