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Scrap Prices October 27, 2014 12:20:11 AM

Market Update- 24th Oct, 2014: Chinese copper scrap prices rise further

Paul Ploumis
ScrapMonster Author
The Chinese copper scrap prices continued to rise on

Market Update- 24th Oct, 2014: Chinese copper scrap prices rise further

BEIJING (Scrap Monster):  The Chinese copper scrap prices continued to rise on ScrapMonster Price Index  as on Friday, October 24th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 100 per MT each.

The price of #2 Copper W ire and Tubing also increased by CNY 100 per MT.

#1 Insulated Copper Wire 85% Recovery was up CNY 50 per MT to CNY 32,200 per MT. The price of #2 Insulated Copper Wire 50% Recovery remained unchanged at CNY 26,300 per MT.

Copper Transformer scrap prices remained flat over the day. The prices of Cu Yokes too remained unchanged.

Cu/Al Radiator and Harness Wire 35% Recovery prices witnessed no variation in price.

Heater Cores were up by CNY 50 on Friday, October 24th.

Meantime, Scrap Electric Motors and Sealed Units prices stood flat when compared to the day before.

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