Copper scraps prices in Tianjin market also fall by about 100 yuan/tonne on Thursday (December 13), according to market research.

Shanghai copper futures edge down broadly this morning. The buyers’ passion to chase the price high seems to have cooled down unexpectedly. Many local buyers choose to make a hand-to-mouth purchase, and the trades are flat on the day.

At the moment of this writing, #1 Bare Bright in Tianjin market deals between 51,800-52,000 yuan/ton today. And #1 Copper around 51,100-51,300 yuan/ton. (Source: Lingtong Metal Information)