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Home / Metal News / SMM Analysis of Dramatic Fall in China August Aluminum Semis Exports 

SMM Analysis of Dramatic Fall in China August Aluminum Semis Exports 

iconSep 27, 2017 13:59
Source:SMM
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 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

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