Copper scraps prices in Tianjin market jump further on Tuesday (December 25), according to market research.
As the approaching of year-end, physical copper market transactions also turn to be thinner recently. Many buyers are just seen buying based on their demand while the holders are reluctant to sell.
At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 51,300-51,500 yuan/ton today. And #1 Copper around 50,600-50,800 yuan/ton. (Source: Lingtong Metal Information) |