SMM Analysis of Dramatic Fall in China August Aluminum Semis Exports

Published: Sep 27, 2017 13:59

Save

China’s aluminum semis exports in August hit the lowest since February this year.

SHANGHAI, Sept. 27 (SMM) – China’s aluminum semis exports in August hit the lowest since February this year.

Customs data shows China’s aluminum semis exports were 360,000 tonnes in August, down 3.2% from a year ago and down 7.7% from July.

Rally of SHFE/LME aluminum price ratio in recent two months is the main reason behind lower exports, SMM understands.

The year-on-year increase in aluminum plate/sheet and strip exports in August did not offset year-on-year fall in aluminum extrusion exports. Aluminum extrusion exports have been falling steadily on a yearly basis each month this year.

Aluminum plate/sheet and strip exports fell 10% month-on-month in August, due mainly to big fall in orders for aluminum coil.

Aluminum foil exports also dropped due to anti-dumping policy from the US.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China aluminum semis exports China aluminum semis exports august 2017

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 mins ago

SHFE: Cast Aluminum Alloy Warrants Up 268 mt to 36,682 mt on June 16

[SMM Flash News] SHFE data showed that on June 16, total registered warrants for cast aluminum alloy stood at 36,682 mt, an increase of 268 mt from the previous trading day. Among them, Shanghai had 3,406 mt (up 509 mt), Guangdong 6,346 mt (down 211 mt), Jiangsu 7,867 mt (up 61 mt), Zhejiang 12,331 mt (down 31 mt), Chongqing 5,887 mt (down 60 mt), and Sichuan 845 mt (unchanged).

10 mins ago

46 mins ago

Data: SHFE, DCE market movement (Jun 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Jun , 2026

46 mins ago

1 hour ago

SMM ADC12 Price Drops to 24,100 Yuan/mt Amid Weak Aluminum Market and Tight Scrap Supply

[SMM Aluminum Alloy Daily Review] The SMM ADC12 average price was reported at 24,100 yuan/mt today, down 100 yuan/mt from the previous trading day. During the day, both aluminum futures and aluminum prices weakened, dragging on the ADC12 price to some extent. However, structural issues such as tight tax invoices and difficulties in purchasing compliant aluminum scrap have not eased, keeping enterprises' production costs under continuous pressure and providing some support to spot ADC12 prices. Overall, the current ADC12 market presents a pattern of "strong cost support, weak demand follow-up". In the short term, the downside room for prices is limited, but there is also a lack of sufficient driving force for an upward breakout. Prices are expected to move sideways.

1 hour ago