China Aluminum Semis Exports to Rebound in Sept. After Sharp Fall in Aug.-Shanghai Metals Market

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

Industry News 09:33:41AM Sep 28, 2015 Source:SMM

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 to Rebound in Sept. After Sharp Fall in Aug.

Industry News 09:33:41AM Sep 28, 2015 Source:SMM

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.