Copper scrap materials prices in Tianjin market lift by about 300 yuan per tonne on Wednesday (November 7), according to market research.

With advances in SHFE copper, many purchasers tend to stockpile some today. By contrast, the suppliers take no interest in selling for now because of declining arrivals in Tianjin.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 51,300-51,500 yuan/ton today. And #1 Copper around 50,600-50,800 yuan/ton. (Source: Lingtong Metal Information)