26th Aug, 2016: Chinese copper scrap prices witness marginal jump

The Chinese copper scrap prices increased marginally on Friday, August 26th.

BEIJING (Scrap Monster):  The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index  as on Friday, August 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 Wire and Tubing also increased by CNY 100 per MT.

#1 Insulated Copper Wire 85% Recovery prices remained flat over the previous day. The price of #2 Insulated Copper Wire 50% Recovery held steady when compared with the day before.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

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Cu/Al Radiator prices held steady over the previous day.

Harness Wire 35% Recovery prices held steady on Friday, August 26th.

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

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