Copper scrap materials prices in Tianjin market post consecutive gains on Thursday (August 23), according to market research. The market transactions get improved.

“We can see more offers, and buyers are also increasing today,” a trader told Lingtong this morning. On the majority copper manufacturers’ side, they are inclined to make a hand-to-mouth purchase due to current still-slack demand.

In reactions to these gains, the suppliers seize the opportunity to raise their offer dramatically.

At the moment of this writing, #1 Bare Bright in Tianjin market deals around 50,600-50,800 yuan/ton today. And #1 Copper around 49,900-50,100 yuan/ton. (Source: Lingtong Metal Information)