China Aluminum Semis Exports Unlikely to Tumble in Short Run, Despite Two Negative Factors

Jun 1, 2015 16:54

Shanghai Metals Market sees no near-term slump in China’s aluminum semis exports, despite higher SHFE/LME aluminum price ratio and tumbling aluminum premiums overseas.

SHANGHAI, Jun. 1 (SMM) – Shanghai Metals Market sees no near-term slump in China’s aluminum semis exports, despite higher SHFE/LME aluminum price ratio and tumbling aluminum premiums overseas. Here is why.

First of all, while traders might cut “disguised” exports – semis being remelted at destination to become a substitute for primary metal, it remains to be seen whether processors will follow suit.

Besides, despite small losses, exporters of low-end products remain keen to sell overseas against poorer prospects domestically.

Export rebates make exports of high-end products more lucrative than selling domestically.

China exported 380,000 tonnes of aluminum semis in April, up 40.74% from a year ago and 26.67% on the month, customs data showed.

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

China aluminum semis export

China aluminum semis export apr 2015

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

China Aluminum Semis Exports Unlikely to Tumble in Short Run, Despite Two Negative Factors

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025