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Japan's June Aluminum Imports Rise 36% from May to 185,054 mt
Aug 3, 2010 11:53CST
Source:SMM

TOKYO, Aug. 3 -- Japan has imported 185,054 mt of primary aluminum from 25 countries in June, up 36% from a month earlier, according to customs data released on Friday.

The import volume increased due to more incoming cargoes from Australia, Russia, Indonesia and Brazil ahead of the peak demand season in June-July, a Tokyo trader said. The increase in cargoes from the four countries made up for the decreases from South Africa where shipping was affected by the port workers' strike in May.

Japan's monthly consumption of aluminum is the highest in June-July, thanks to demand for beverage can sheets and air-conditioner components. The June-July monthly consumption volumes usually rise by around 20,000 mt from the previous months. 

Japanese trading houses and rolling mills increased purchase volumes to cope with the seasonal demand increases, said the trader.  

Imports from Australia were 60,545 mt, up from 36,468 mt a month earlier, and from Russia 27,891 mt, up from 13,548 mt.

Japan buys from Australian and Russian producers on long term contracts. Specifically, the volume of contracted aluminum loaded from the Australian ports at the end of April or early May had increased from the previous months, the trader said.

Imports from Indonesia increased to 19,027 mt in June from 9,536 mt a month earlier, and those from Brazil to 29,696 mt from 6,136 mt. The imports from the two countries are from producers partly owned by the Japanese companies.

Meanwhile, imports from South Africa were 7,625 mt, down from 26,512 mt a month earlier.

Imports from emerging producers in the Middle East were: United Arab Emirates 6,849 mt, up from 3,046 mt a month ago; and Bahrain 3,769 mt, up from 1,019 mt. Imports from Oman were zero for the last two months.

Imports from New Zealand were 14,245 mt, down from 16,683 mt a month ago, and those from Argentina 6,512 mt, down from 13,170 mt.

Imports from 15 other countries were less than 3,000 mt each. They are believed to be metal mostly of non-standard specifications.

 

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