Chinese copper scrap prices decline on June 25, 2015

By Paul Ploumis 26 Jun 2015 Last updated at 06:59:29 GMT

BEIJING (Scrap Monster): The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index as on Thursday, June 25th.

#1 Copper Bare Bright prices were down by CNY 300 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 300 per MT each.

#1 Insulated Copper Wire 85% Recovery was down CNY 100 per MT to CNY 30,500 per MT. The price of #2 Insulated Copper Wire 50% Recovery fell CNY 50 per MT to touch CNY 25,750 per MT.

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

Cu/Al Radiator scrap prices witnessed decline of CNY 50 per MT.

Harness Wire 35% Recovery prices held steady.

Heater Cores were down by CNY 100 per MT on Thursday, June 25th.

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

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