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Home / Metal News / China Primary Aluminum Imports to Rebound in June After 71.98% YoY in May

China Primary Aluminum Imports to Rebound in June After 71.98% YoY in May

iconJun 30, 2015 10:57
China imported 6,738 mt of primary aluminum in May, down 71.98% YoY, customs data showed.
SHANGHAI, Jun. 30 (SMM) –China imported 6,738 mt of primary aluminum in May, down 71.98% YoY, customs data showed. Imports totaled 46,723 mt January-May, plunging 78.01% YoY. The SHFE/LME aluminum price ratio slid from 7.5 in early April to 7.0 in early May, unfavorable for imports. 
 
However, imports might rebound in June as the SHFE/LME aluminum price ratio has been rising since May and overseas aluminum premiums fell sharply. 
 
China primary aluminum imports
China primary aluminum imports May 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.

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