From the market research, copper scraps prices in Tianjin market extend their gains on Friday (November 16).

Shanghai copper futures trend to edge higher, lifting up spot copper prices. Most of fabricators prefer make a purchase based on their demand now. For Tianjin market as a whole, it is unlikely to get improvement for market transactions in a short period, however.

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)