According to market research, copper scraps prices in Tianjin market hover at recent levels on Monday (November 19).
Shanghai copper futures remain rangebound today, and the gains narrow in the midday trading, dampening the purchasers¡¯ buying interest to some extend. As for many suppliers, they continue to refuse selling at current point. The trades get a little bit thin today.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 51,200-51,400 yuan/ton today. And #1 Copper around 50,500-50,700 yuan/ton. (Source: Lingtong Metal Information) |