Copper scrap materials prices in Tianjin market lift by about 200 yuan per tonne on Tuesday (October 9), according to market research.

“We are not so optimistic about the order booking in October, so we opt to make a hand-to-mouth purchase now,” some copper-bar manufacturers said. Even thought market sentiment gets improvement, many marketers trade prudently.

At the moment of this writing, #1 Bare Bright in Tianjin market deals between 53,400-53,600 yuan/ton today. And #1 Copper around 52,700-52,900 yuan/ton. (Source: Lingtong Metal Information)