According to market research, copper scraps prices in Tianjin market rebound moderately on Friday (August 31).
The buyers in local market remain in a wait-and-see attitude at this moment. Most of them dare no to buy rashly. And the traders also avoid replenishing materials due to slack demand.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 50,400-50,600 yuan/ton today. And #1 Copper around 49,700-49,900 yuan/ton. (Source: Lingtong Metal Information) |