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Scrap Prices May 14, 2015 02:10:46 AM

13th May, 2015: Chinese copper scrap prices surge on Index

Paul Ploumis
ScrapMonster Author
The Chinese copper scrap prices witnessed sharp rise on
13th May, 2015: Chinese copper scrap prices surge on Index

BEIJING (Scrap Monster):  The Chinese copper scrap prices witnessed sharp rise on ScrapMonster Price Index  as on Wednesday, May 13th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 350 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 350 per MT.

#1 Insulated Copper Wire 85% Recovery was up CNY 100 per MT to CNY 32,250 per MT. The price of #2 Insulated Copper Wire 50% Recovery went higher by CNY 100 per MT to touch CNY 26,550 per MT.

Copper Transformer scrap prices moved higher by CNY 50 per MT. A similar up move of CNY 50 per MT was witnessed in Cu Yokes.

Cu/Al Radiator prices increased by CNY 100 per MT over the previous day.

Harness Wire 35% Recovery and Heater Cores were up by CNY 50 and CNY 100 per MT respectively on Wednesday, May 13th.

Meantime, Scrap Electric Motors and Sealed Units remained flat over the day.

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