According to market research, copper scraps prices in Tianjin market have little change on Thursday (November 22).

Several purchasers are attracted to bring in some as Shanghai copper futures is set to open higher. However, the futures market fail to rally on midday trading, most of the local buyers are scrambling to step back into the sidelines. For many holders, they are persevering in their offers, so the market trades are in a stalemate.

At the moment of this writing, #1 Bare Bright in Tianjin market deals between 51,100-51,300 yuan/ton today. And #1 Copper around 50,400-50,600 yuan/ton. (Source: Lingtong Metal Information)