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Scrap Prices July 27, 2016 01:20:12 AM

26th July, 2016: Chinese copper scrap prices declined sharply on Index

Anil Mathews
ScrapMonster Author
Chinese copper scrap prices dropped sharply on Scrap Monster Price Index on July 26th, 2016.

26th July, 2016: Chinese copper scrap prices declined sharply on Index

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index  as on Tuesday, July 26th.

#1 Copper Bare Bright prices were down by CNY 350 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 350 per MT each.

#1 Insulated Copper Wire 85% Recovery was down CNY 100 per MT to CNY 26,800 per MT. The price of #2 Insulated Copper Wire 50% Recovery fell CNY 100 per MT to touch CNY 22,800 per MT.

Copper Transformer scrap prices declined by CNY 50 per MT over the previous day. The price of Cu Yokes declined by CNY 50 per MT.

Cu/Al Radiator scrap prices witnessed decline of CNY 100 per MT.

Harness Wire 35% Recovery prices saw decline of CNY 50 per MT.

Heater Cores were down by CNY 100 per MT on Tuesday, July 26th.

Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged on the Index over the previous day.

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