From the market research, copper scraps prices in Tianjin market continue to post some gains on Tuesday (September 4).
In shortage of market stimulus, Shanghai copper futures stay firm today. In the spot market, most of copper buyers have no intention to replenish some due to fewer order booking. The whole market trades are flat.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 50,700-50,900 yuan/ton today. And #1 Copper around 50,000-50,200 yuan/ton. (Source: Lingtong Metal Information) |