By Vibin Antony
The prices for major Chinese copper scrap commodities advanced on Monday, while the future prices at Shanghai Metal Exchange slipped to RMB 41,190 a ton.
The prices for major copper scrap commodities including Bare Bright (Cu >99%), Copper Scrap, No. 1 Copper (Cu 96-98%) and No. 2 Copper (Cu 94-96%) showed an up trend on Scrap Register Price Index as on Monday.
According to the Scrap Register Price Index, Bare Bright (Cu >99%) scrap prices advanced to CNY 38,650 and copper scrap prices gained to CNY 41, 310 a metric ton.
The most active copper contract on Shanghai Futures Exchange settled down slightly by 0.29% to RMB 41,190 a ton on Monday.
(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
The prices for major Chinese copper scrap commodities advanced on Monday, while the future prices at Shanghai Metal Exchange slipped to RMB 41,190 a ton.
The prices for major copper scrap commodities including Bare Bright (Cu >99%), Copper Scrap, No. 1 Copper (Cu 96-98%) and No. 2 Copper (Cu 94-96%) showed an up trend on Scrap Register Price Index as on Monday.
According to the Scrap Register Price Index, Bare Bright (Cu >99%) scrap prices advanced to CNY 38,650 and copper scrap prices gained to CNY 41, 310 a metric ton.
The most active copper contract on Shanghai Futures Exchange settled down slightly by 0.29% to RMB 41,190 a ton on Monday.
(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
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