By Anil Mathews (ScrapMonster Author)
May 17, 2016 01:20:14 AM
BEIJING (Scrap Monster): The Chinese copper scrap prices ended marginally higher onScrapMonster Price Index as on Monday, May 16th.
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 200 per MT each.
The price of #2 Copper Wire and Tubing also increased by CNY 200 per MT.
#1 Insulated Copper Wire 85% Recovery prices increased slightly by CNY 100 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery remained flat when compared with the day before.
Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.
Cu/Al Radiator prices held steady over the previous day.
Harness Wire 35% Recovery prices held steady on Monday, May 16th.
Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.