By Paul Ploumis 15 Sep 2015 Last updated at 03:18:30 GMT
Chinese copper scrap prices declined sharply on September 14th, 2015.
BEIJING (Scrap Monster): The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index as on Monday, September 14th.
#1 Copper Bare Bright prices were down by CNY 400 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 400 per MT each.
#1 Insulated Copper Wire 85% Recovery was down CNY 300 per MT to CNY 29,500 per MT. The price of #2 Insulated Copper Wire 50% Recovery fell CNY 100 per MT to touch CNY 24,750 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 100 per MT respectively on Monday, September 14th.
Meantime, Scrap Electric Motors and Sealed Units prices remained flat over the previous day.