Market Update- 15th April, 2015: Chinese copper scrap prices witness marginal rise

The Chinese copper scrap prices ended marginally higher on Wednesday, April 15th

BEIJING (Scrap Monster):  The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index  as on Wednesday, April 15th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 50 per MT each.

The price of #2 Copper W ire and Tubing also increased by CNY 50 per MT.

#1 Insulated Copper Wire 85% Recovery prices held steady. The price of #2 Insulated Copper Wire 50% Recovery too remained unchanged over the previous day.

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 remained flat at CNY 25,800 per MT.

Harness Wire 35% Recovery maintained previous day’s levels on Wednesday, April 15th.

Heater Cores prices remained flat.

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

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