Chinese copper scrap prices declined Market 28th Jan, 2016

By Anil Mathews (ScrapMonster Author)

January 29, 2016 02:55:35 AM

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed marginal downfall on ScrapMonster Price Index  as on Thursday, January 28th

#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 200 per MT each.

#1 Insulated Copper Wire 85% Recovery remained flat at CNY 26,400 per MT. The price of #2 Insulated Copper Wire 50% Recovery remained unchanged over the previous day.

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

Cu/Al Radiator scrap prices too held steady over the day. Harness Wire 35% Recovery prices held steady.

Heater Cores remained unchanged from previous day on Thursday, January 28th.

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