Copper scrap materials prices in Tianjin market rally slightly on Wednesday (December 5), according to market research.

In spite of moderate gains in Shanghai copper futures, the acceptance of local buyers is limited. Meanwhile, the holders are reluctant to sell now. As a result, the market is a deadlock today.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 51,800-52,000 yuan/ton today. And #1 Copper around 51,100-51,300 yuan/ton. (Source: Lingtong Metal Information)