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Scrap Prices April 06, 2017 08:30:11 AM

5th April, 2017: Chinese copper scrap prices fell sharply on Index

Anil Mathews
ScrapMonster Author
Chinese copper scrap prices dropped sharply on Scrap Monster Price Index on April 5th, 2017.

5th April, 2017: Chinese copper scrap prices fell sharply on Index

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index  as on Wednesday, April 5th.

#1 Copper Bare Bright prices were down by CNY 300 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 300 per MT each.

#1 Insulated Copper Wire 85% Recovery was down CNY 100 per MT to CNY 27,700 per MT. The price of #2 Insulated Copper Wire 50% Recovery fell CNY 50 per MT to touch CNY 23,450 per MT.

Copper Transformer scrap prices remained unchanged over the previous day. The price of Cu Yokes too witnessed no change.

Cu/Al Radiator scrap prices witnessed decline of CNY 50 per MT.

Harness Wire 35% Recovery prices held steady.

Heater Cores were down by CNY 100 per MT on Wednesday, April 5th.

Meantime, Scrap Electric Motors and Sealed Units prices remained flat over the previous day.

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