By Anil Mathews
BEIJING (Scrap Monster): The Chinese copper scrap prices witnessed marginal downfall on ScrapMonster Price Index as on Monday, January 23rd.
#1 Copper Bare Bright prices were down by CNY 200 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 200 per MT each.
#1 Insulated Copper Wire 85% Recovery prices were unchanged at CNY 28,300 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 declined by CNY 50 per MT to CNY 28,600 per MT on Monday, January 23rd.
Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged when compared with the previous day.