According to market research, copper scraps prices in Tianjin market lift by about 100 yuan/ tonne on Monday (December 24).

At present, the suppliers are no in a rush to sell because of stock tightness, sticking to their prices very firmly. On the side of buyers, so many manufacturers and traders have intention to do some buying, but dare not to chase the price high without careful consideration. Thus, the market trades are in a deadlock today.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 51,200-51,400 yuan/ton today. And #1 Copper around 50,500-50,700 yuan/ton. (Source: Lingtong Metal Information)