Market Update- 11th Feb, 2015: Chinese copper scrap prices declined

Author: Paul Ploumis
12 Feb 2015 Last updated at 07:50:28 GMT
BEIJING (Scrap Monster): The Chinese copper scrap prices declined marginally on ScrapMonster Price Index as on Wednesday, February 11th.

#1 Copper Bare Bright prices were down by CNY 50 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too decreased marginally by CNY 50 per MT each.

#1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery prices remained flat over the day.

Copper Transformer scrap prices held steady at CNY 12,300 per MT. Cu Yokes prices too remained unchanged.

Cu/Al Radiator scrap prices maintained yesterday’s price levels.

Harness Wire 35% Recovery prices were flat over the day.

The price of Heater Cores remained flat on Wednesday, February 11th.

Meantime, Scrap Electric Motors and Sealed Units prices too witnessed no variation over the previous day.

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