Market Update- 8th June, 2015: Chinese copper scrap prices edge higher

Author: Paul Ploumis
09 Jun 2015 Last updated at 05:55:57 GMT
BEIJING (Scrap Monster): The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index as on Monday, June 8th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 300 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 300 per MT.

#1 Insulated Copper Wire 85% Recovery prices edged higher by CNY 100 per MT. The price of #2 Insulated Copper Wire 50% Recovery too were up by CNY 50 per MT.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator prices increased by CNY 50 per MT.

Harness Wire 35% Recovery prices were up by CNY 50 per MT on Monday, June 8th.

Heater Cores prices appreciated by CNY 100 per MT from the previous day.

Also, Scrap Electric Motors and Sealed Units prices remained unchanged.

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