According to market research, copper scraps prices in Tianjin market extend their gains on Wednesday (November 14).

“Demand for copper materials from the local manufacturers has slowed down since the beginning of November. Also, a new order booking remain languished. For now, most of buyers are seen making a hand-to-mouth purchase.” a Tianjin-based marketer said.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 51,000-51,200 yuan/ton today. And #1 Copper around 50,300-50,500 yuan/ton. (Source: Lingtong Metal Information)