China Primary Aluminum Imports Fall in December 2015

Published: Feb 3, 2016 09:38

Save

China imported 4,500 mt of primary aluminum in December 2015, down from 11,700 mt in November, Customs data showed.

SHANGHAI, Feb. 3 (SMM) –China imported 4,500 mt of primary aluminum in December 2015, down from 11,700 mt in November, Customs data showed. The decline was partly due to yuan’s depreciation. Besides, orders under tolling trade dropped because of Christmas holiday, another reason behind lower imports.

Some Chinese aluminum processors said orders under tolling trade recovered in January. However, yuan’s depreciation will continue dampening import demand. As such, China’s primary aluminum imports are expected to remain low in January.

China aluminum import

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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