Market Update- 21st May, 2015: Chinese copper scrap prices edge higher

BEIJING (Scrap Monster):  The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index  as on Thursday, May 21^st.

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 maintained previous day’s levels on Thursday, May 21^st.

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

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

Subscribe to Scrap Monster Live Scrap Prices