Copper scraps prices in Tianjin market skid slightly on Friday (November 23), according to market research.
For now, demand for these red metal materials is still extremely weak, therefore, the buyers just make a hand-to-mouth purchase. Even though there sees several buyers, the quantity is very limited. In addition, the holders also have no intention to sell today. Overall, the whole market trades are in a deadlock.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 50,900-51,100 yuan/ton today. And #1 Copper around 50,200-50,400 yuan/ton. (Source: Lingtong Metal Information) |