According to market research, copper scraps prices in Tianjin market see more advances on Thursday (December 27).

The local insiders expect supply available is getting extremely tight in a mid-and-long term, resulting many holders have no incentive to sell now. Meanwhile, the purchasers find it very hard to restore some at this moment. Overall, the market trading remains flat.

At the moment of this writing, #1 Bare Bright in Tianjin market deals between 51,600-51,800 yuan/ton today. And #1 Copper around 50,900-51,100 yuan/ton. (Source: Lingtong Metal Information)