According to market research, copper scraps in Tianjin market jump sharply on Friday (September 14).
Physical copper suppliers pile into up their selling prices dramatically, having strong intention to sell. However, many buyers just buy in a small quantity. Overall, the market trading remains flat.
At the moment of this writing, #1 Bare Bright in Tianjin market deals around 53,200-53,400 yuan/ton today. And #1 Copper around 52,500-52,700 yuan/ton. (Source: Lingtong Metal Information) |