By Anil Mathews (ScrapMonster Author)
September 02, 2016 04:25:22 AM
BEIJING (Scrap Monster): The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index as on Thursday, September 1st.
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 150 per MT each.
The price of #2 Copper Wire and Tubing also increased by CNY 150 per MT.
#1 Insulated Copper Wire 85% Recovery prices witnessed marginal rise of CNY 50 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too went higher by CNY 50 per MT 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 and Heater Cores prices increased by CNY 50 per MT over the previous day.
Harness Wire 35% Recovery prices held steady on Thursday, September 1st.
Also, Scrap Electric Motors and Sealed Units prices remained unchanged.