From the market research, copper scraps prices in Tianjin market pull back on Wednesday (November 21).
Most of copper buyers show less interest in making a purchase due to still-slack demand. With losses in Shanghai copper futures extending, they grow more cautious about buying. On supplier¡¯s side, they stick to their prices firmly.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 51,100-51,300 yuan/ton today. And #1 Copper around 50,400-50,600 yuan/ton. (Source: Lingtong Metal Information) |