6th February, 2017: Chinese copper scrap prices see marginal decline

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed marginal downfall on ScrapMonster Price Index  as on Monday, February 7^th.

#1 Copper Bare Bright prices were down by CNY 150 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined marginally by CNY 150 per MT each.

#1 Insulated Copper Wire 85% Recovery prices were down by CNY 50 per MT to CNY 27,950 per MT upon comparison with the previous day. The price of #2 Insulated Copper Wire 50% Recovery remained unchanged over the previous day.

Copper Transformer and Cu Yokes prices remained flat over the previous day.

Cu/Al Radiator scrap prices too held steady over the day. Harness Wire 35% Recovery prices held steady.

Heater Cores prices declined by CNY 50 per MT to CNY 27,650 per MT on Monday, February 7^th.

Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged when compared with the previous day.

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