Chinese copper scrap prices decline 27th April, 2016

By Anil Mathews (ScrapMonster Author)

April 28, 2016 03:18:35 AM

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed marginal downfall onScrapMonster Price Index  as on Wednesday, April 27th.

#1 Copper Bare Bright prices were down by CNY 100 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 100 per MT each.

#1 Insulated Copper Wire 85% Recovery prices held steady at CNY 27,050 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 Wednesday, April 27th.

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