Chinese copper scrap prices record marginal decline on Index 26th Sep, 2016

By Anil Mathews (ScrapMonster Author)

September 27, 2016 08:37:32 PM

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed marginal downfall onScrapMonster Price Index  as on Monday, September 26th.

#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 declined marginally by CNY 100 per MT each.

#1 Insulated Copper Wire 85% Recovery prices held steady at CNY 26,450 per MT upon comparison with the previous day. 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 too remained flat at CNY 26,350 per MT on Monday, September 26th.

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