Market Update- 9th Jan, 2015: Chinese copper scrap prices declined-Shanghai Metals Market

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Market Update- 9th Jan, 2015: Chinese copper scrap prices declined

Industry News 05:39:17PM Jan 12, 2015 Source:SMM

Author: Paul Ploumis
12 Jan 2015 Last updated at 05:07:18 GMT
BEIJING (Scrap Monster):  The Chinese copper scrap prices dropped on ScrapMonster Price Index  as on Friday, January 9th.

#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too dropped by CNY 200 per MT each.

#1 Insulated Copper Wire 85% Recovery prices declined by CNY 100 per MT to touch CNY 31,300 per MT. The price of #2 Insulated Copper Wire 50% Recovery too dropped by CNY 50 per MT from the previous day.

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

Cu/Al Radiator scrap prices witnessed a decline of CNY 50 per MT over the day.

Harness Wire 35% Recovery prices remained unchanged. Heater Cores declined by CNY 50 per MT on Friday, January 9th.

Meantime, Scrap Electric Motors and Sealed Units prices witnessed no change in prices from the previous day.

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Market Update- 9th Jan, 2015: Chinese copper scrap prices declined

Industry News 05:39:17PM Jan 12, 2015 Source:SMM

Author: Paul Ploumis
12 Jan 2015 Last updated at 05:07:18 GMT
BEIJING (Scrap Monster):  The Chinese copper scrap prices dropped on ScrapMonster Price Index  as on Friday, January 9th.

#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too dropped by CNY 200 per MT each.

#1 Insulated Copper Wire 85% Recovery prices declined by CNY 100 per MT to touch CNY 31,300 per MT. The price of #2 Insulated Copper Wire 50% Recovery too dropped by CNY 50 per MT from the previous day.

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

Cu/Al Radiator scrap prices witnessed a decline of CNY 50 per MT over the day.

Harness Wire 35% Recovery prices remained unchanged. Heater Cores declined by CNY 50 per MT on Friday, January 9th.

Meantime, Scrap Electric Motors and Sealed Units prices witnessed no change in prices from the previous day.

Subscribe to Scrap Monster Live Scrap Prices