Home / Metal News / China Aluminum Semis Exports to Rebound in Sept. After Sharp Fall in Aug.

China Aluminum Semis Exports to Rebound in Sept. After Sharp Fall in Aug.

iconSep 28, 2015 09:33
Source:SMM
China’s aluminum semis exports will rebound slightly in September after 6.25% year-on-year decline in August, SMM predicts.

SHANGHAI, Sept. 28 (SMM) – China’s aluminum semis exports will rebound slightly in September after 6.25% year-on-year decline in August, SMM predicts. 

The rally will driven by the pullback in SHFE/LME aluminum price ratio and yuan’s devaluation, SMM’s aluminum research team said.  

Outbound shipments were just 300,000 tonnes in August, down from robust exports during H1. SMM attributes the year-on-year decline mainly to rising SHFE/LME aluminum price ratio, which curtailed exports of low- and medium-end products. 

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 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

Related news