Market Update :Chinese copper scrap prices remained flat 24th May, 2016

Published: May 25, 2016 15:24

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The Chinese copper scrap prices remained flat on Tuesday, 24th May, 2016.

By Anil Mathews (ScrapMonster Author)

May 25, 2016 03:10:20 AM

BEIJING (Scrap Monster): The Chinese copper scrap prices remained flat on ScrapMonster Price Index as on Tuesday, May 24th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed no price change over the previous day.

The price of #2 Copper Wire and Tubing also remained flat.

#1 Insulated Copper Wire 85% Recovery prices remained flat. The price of #2 Insulated Copper Wire 50% Recovery held steady at CNY 22,250 per MT over the previous day.

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 remained unchanged.

Harness Wire 35% Recovery prices held steady on Tuesday, May 24th.

Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.

Copper scrap prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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