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Chinese copper scrap prices tumbled,1st June, 2015
Jun 2,2015 17:18CST
industry news
Source:SMM
The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index as on Monday, June 1st.

 Author: Paul Ploumis02 Jun 2015 Last updated at 05:56:42 GMT

 
BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index  as on Monday, June 1st.
 
#1 Copper Bare Bright prices were down by CNY 600 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 600 per MT each.
 
#1 Insulated Copper Wire 85% Recovery was down CNY 300 per MT to CNY 31,400 per MT. The price of #2 Insulated Copper Wire 50% Recovery fell CNY 100 per MT to touch CNY 26,250 per MT.
 
Copper Transformer scrap prices too declined by CNY 100 per MT over the previous day. The prices of Cu Yokes declined by CNY 100 per MT.
 
Cu/Al Radiator scrap prices witnessed decline of CNY 100 per MT.
 
Harness Wire 35% Recovery and Heater Cores were down CNY 100 and CNY 300 per MT respectively on Monday, June 1st.
 
Meantime, Scrap Electric Motors and Sealed Units prices remained flat over the previous day.
 
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