SMM Analysis of Dramatic Fall in China August Aluminum Semis Exports

Published: Sep 27, 2017 13:59

Save

China’s aluminum semis exports in August hit the lowest since February this year.

SHANGHAI, Sept. 27 (SMM) – China’s aluminum semis exports in August hit the lowest since February this year.

Customs data shows China’s aluminum semis exports were 360,000 tonnes in August, down 3.2% from a year ago and down 7.7% from July.

Rally of SHFE/LME aluminum price ratio in recent two months is the main reason behind lower exports, SMM understands.

The year-on-year increase in aluminum plate/sheet and strip exports in August did not offset year-on-year fall in aluminum extrusion exports. Aluminum extrusion exports have been falling steadily on a yearly basis each month this year.

Aluminum plate/sheet and strip exports fell 10% month-on-month in August, due mainly to big fall in orders for aluminum coil.

Aluminum foil exports also dropped due to anti-dumping policy from the US.

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 2017

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

Related News

5 hours ago

[SMM Flash News] China Tightens Control Over Primary Aluminum Capacity; Prices Rise in Afternoon Trading

Market reports indicate that China is further regulating the operation of primary aluminum capacity, leading to a reduction in excess production in parts of Guangxi. Market Performance: In the afternoon session, the SHFE aluminum contract closed up 0.53% at 24,570 yuan/ton, having earlier touched a high of 24,710 yuan/ton. Among listed companies, Chalco (China Aluminum) hit the daily price limit with a 10.01% gain, Nanshan Aluminum rose 8.81%, Yunnan Aluminum Co. gained 7.39%, and Hongqiao Holdings climbed 8.14%.

5 hours ago

[SMN Flash News] RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt

Market sources report: RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt. Validity 05 June 2026.

5 hours ago

9 hours ago

【SMM Aluminum Flash News】Tianshan Aluminum's 1.4 Million-Ton Green Project Hits First Power-On Milestone in Xinjiang

On May 24th, the 1.4 million-ton green and low-carbon energy efficiency improvement project for electrolytic aluminum at Tianshan Aluminum, undertaken by the Seventh Metallurgical Installation Company of Guizhou Construction Investment Group, successfully achieved its first power-on milestone. All operational indicators were excellent and met all standards, marking a significant milestone in the project's commissioning. Located in the Xinjiang Uygur Autonomous Region, the project's Seventh Metallurgical Installation Company was primarily responsible for core construction tasks, including civil engineering of the electrolytic workshop, flue gas purification area engineering, electrical installation of the electrolytic workshop, and electrolytic cell fabrication and installation.

9 hours ago