Chinese copper scrap prices rose slightly on Index 17th May, 2017

Telah Terbit: May 19, 2017 10:36
The Chinese copper scrap prices increased marginally on Wednesday, May 17th.

By Anil Mathews

BEIJING (Scrap Monster):  The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index  as on Wednesday, May 17th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 200 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 200 per MT.

#1 Insulated Copper Wire 85% Recovery prices witnessed marginal increase of CNY 50 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too were up by CNY 50 per MT when compared with the day before.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator and Heater Cores prices witnessed marginal rise of CNY 50 per MT each over the previous day.

Harness Wire 35% Recovery prices saw no change on Wednesday, May 17th.

Also, Scrap Electric Motors and Sealed Units prices remained unchanged.

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Chinese copper scrap prices rose slightly on Index 17th May, 2017 - Shanghai Metals Market (SMM)