Scrap car price update May 2017

Posted on Wednesday, 31 May 2017 by CarTakeBack

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May has seen a disappointing 12% decrease in this index for the month, and a 3% decrease from the same time last year. There is an oversupply issue in China at the moment, which is affecting pricing worldwide. More price corrections are predicted in the short term and it may level out in the second half of the year.

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