From the market research, copper scrap materials prices in Tianjin market continue to hold steady on Thursday (November 29).

Both of buyers and sellers opt to make a deal with great caution. This move is attributed in part to cash-starved dilemma. Besides, the most fundamental reason lies in still-slack demand and narrowing prices gap. As a result, the local trade volumes are on the thinner side today.

At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 50,900-51,100 yuan/ton today. And #1 Copper around 50,200-50,400 yuan/ton. (Source: Lingtong Metal Information)