According to market research, copper scraps prices in Tianjin market have little change on Wednesday (December 12).

Despite increasing arrivals in domestic market, the whole market stocks are still in a shortage. And most of insiders expect the supply will continue to get tighter in a med-to-long term. As a result, many holders stick to their prices very firmly. But the buyers take no interest in purchasing now. The market transactions are on the light side today.

At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 51,900-52,100 yuan/ton today. And #1 Copper around 51,200-51,400 yuan/ton. (Source: Lingtong Metal Information)