Chinese copper scrap prices decline on November 6

By Anil Mathews (ScrapMonster Author)

November 09, 2015 03:16:16 AM

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed marginal downfall onScrapMonster Price Index  as on Friday, November 6th.

#1 Copper Bare Bright prices were down by CNY 150 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 150 per MT each.

#1 Insulated Copper Wire 85% Recovery was down CNY 50 per MT to CNY 28,100 per MT. The price of #2 Insulated Copper Wire 50% Recovery remained unchanged over the previous day.

Copper Transformer and Cu Yokes prices remained flat over the previous day.

Cu/Al Radiator scrap prices too held steady over the day. Harness Wire 35% Recovery prices held steady.

Heater Cores were down by CNY 50 per MT on Friday, November 6th.

Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged when compared with the previous day.