According to market research, copper scraps prices in Tianjin market rally slightly on Friday (November 9).

Overall, with advances in copper prices, buying interest also picks up in local market. However, the suppliers are sticking to their prices very firmly. Thus, the trade volumes are limited.

At the moment of this writing, #1 Bare Bright in Tianjin market is quoted at 51,200-51,400 yuan/ton today. And #1 Copper around 50,500-50,700 yuan/ton. (Source: Lingtong Metal Information)