There sees moderate gains in copper scraps prices in Tianjin market on Friday (December 28), according to market research.
Compared with cautious sentiment in Shanghai copper futures, spot copper market participants are more active to buy some while the suppliers get increasing reluctant to sell at current points.
At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 51,700-51,900 yuan/ton today. And #1 Copper around 51,000-51,200 yuan/ton. (Source: Lingtong Metal Information) |