By Anil Mathews
BEIJING (Scrap Monster): The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index as on Wednesday, May 17th.
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 witnessed marginal increase of CNY 50 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too were up 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 witnessed marginal rise of CNY 50 per MT each over the previous day.
Harness Wire 35% Recovery prices saw no change on Wednesday, May 17th.
Also, Scrap Electric Motors and Sealed Units prices remained unchanged.