Chinese copper scrap prices increased marginally on Index 19th June, 2017

Published: Jun 20, 2017 15:17

Save

The price of #2 Copper Wire and Tubing also increased by CNY 100 per MT.

By Anil Mathews

BEIJING (Scrap Monster): The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index as on Monday, June 19th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 100 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 100 per MT.

#1 Insulated Copper Wire 85% Recovery prices witnessed no change over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too remained unchanged 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.

ALSO SEE Brass/Bronze Scrap Price List, Aluminum Scrap Price List

Cu/Al Radiator and Heater Cores prices reported no change over the previous day.

Harness Wire 35% Recovery prices saw no change on Monday, June 19th.

Also, 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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

14 hours ago

[SMM Steel] India Domestic Steel Prices Edge Up

[India Domestic] Domestic steel market up slightly day to day amid relatively tight raw material availability. Maharashtra market remained relatively slow due to the ongoing Ganesh Chaturthi festival. Mandi HMS 1&2 (80:20) up by 1.04USD/tonne (100INR/tonne) to 410.58USD/tonne (39,400INR/tonne) delivered Mandi. Melting up by 1.04USD/tonne (100INR/tonne) to 403.29USD/tonne (38,700INR/tonne) ex-yard Alang. PDRI sponge iron up by 3.12USD/tonne (300INR/tonne) to 307.41USD/tonne (29,500INR/tonne) EXW Raipur. Bellary PDRI sponge iron rose by 3.12USD/tonne (300INR/tonne) to 326.16USD/tonne (31,300INR/tonne) EXW Bellary with sellers quoting around 328.28USD/tonne (31,500INR/tonne), buyers at 324-325USD/tonne (31,100–31,200INR/tonne) and heard some deals reportedly closing near 31,300INR/tonne. Raipur billet increased by 1.04USD/tonne (100INR/tonne) to 463.72USD/tonne (44,500INR/tonne) EXW Raipur. With the monsoon season nearing its end, construction activity is picking up pace, which may support demand and prices in the near term.

14 hours ago

16 hours ago

Copper Prices Stop Falling and Stabilize; Copper Scrap Suppliers Hold Prices Firm While Selling [SMM Secondary Copper Daily Review]

16 hours ago

17 hours ago

[India’s Vehicle Retail Sales Rise 17.51% YoY in August]

India's overall vehicle retail sales touched 2.42 million units in August 2026, the best-ever August on record, growing 17.51% year-on-year but dropped 6.48% compared to July. The yearly jump mainly happened because last year's sales were low, as buyers had delayed their purchases while waiting for the GST 2.0 rate cut. The monthly dip is just a normal slowdown after July's record numbers, with some festive buying like Ganesh Chaturthi and Onam shifting to September this year. Within this, Passenger Vehicle (PV) sales stood at 402,398 units, up 16.14% YoY, though down 3.40% MoM. Adding to the story, alternative-fuel vehicles (CNG, hybrid, EV) overtook petrol cars for the first time in India's history, at 41.95% share versus petrol's 40.85%, as buyers increasingly shift away from petrol due to running-cost savings and hesitation around the E20 fuel change.

17 hours ago