Author: Paul Ploumis15 Jun 2015 Last updated at 06:18:17 GMT
BEIJING (Scrap Monster): The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index as on Friday, June 12th.
#1 Copper Bare Bright prices were down by CNY 550 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 550 per MT each.
#1 Insulated Copper Wire 85% Recovery was down CNY 200 per MT to CNY 30,900 per MT. The price of #2 Insulated Copper Wire 50% Recovery fell CNY 100 per MT to touch CNY 26,000 per MT.
Copper Transformer scrap prices too declined by CNY 50 per MT over the previous day. The prices of Cu Yokes too declined by CNY 50 per MT.
Cu/Al Radiator scrap prices witnessed decline of CNY 100 per MT.
Harness Wire 35% Recovery and Heater Cores were down CNY 50 and CNY 200 per MT respectively on Friday, June 12th.
Meantime, Scrap Electric Motors and Sealed Units prices remained flat over the previous day.