Chinese copper scrap prices decline 14th April, 2016

By Anil Mathews (ScrapMonster Author)

April 15, 2016 01:05:07 AM

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed marginal downfall on ScrapMonster Price Index  as on Thursday, April 14th.

#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 prices dropped marginally by CNY 50 per MT to CNY 26,650 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 prices were down by CNY 50 per MT on Thursday, April 14th.

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