Tariff concerns grow exports of aluminium alloy wheels in Jan

Published: Mar 6, 2019 15:41

Save

China exported 90,200 mt of aluminium alloy wheels in Jan, up 11.63% from Dec

SHANGHAI, Mar 6 (SMM) – Concerns over additional US' tariffs slated to take effect at the start of the year grew China's exports of aluminium alloy wheels in January, according to the latest customs data.

China exported 90,200 mt of aluminium alloy wheels in January, up 11.63% from December and up 10.95% from January 2018, showed data from China Customs. This compared to a year-on-year increase of 2.5% in December.

Exports in January valued $411 million, up 5.12% year on year. Exports started to climb in August 2018 as the US announced a 10% tariff on Chinese aluminium alloy wheels from September.

The US, the biggest destination of China's aluminium alloy wheels exports, accounted for around half of China's exports.

In January, domestic exporters also rushed to deliver cargoes abroad ahead of CNY holidays, and this also accounted for the higher exports at the start of the year.

SMM expects exports to slow its growth or decline in the months ahead as tariff concerns wane.

Tradeflow Aluminium alloy wheels

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

8 mins ago

SHFE Cast Aluminum Alloy Warrants Drop to 47,732 MT, Down 1,109 MT from Previous Day

[SMM Flash News] SHFE data showed that as of March 20, the total registered volume of cast aluminum alloy warrants was 47,732 mt, down 1,109 mt from the previous trading day. By region: Shanghai (3,692 mt, down 363 mt), Guangdong (17,920 mt, down 392 mt), Jiangsu (5,475 mt, down 568 mt), Zhejiang (15,234 mt, down 1,145 mt), Chongqing (3,934 mt, down 119 mt), and Sichuan (1,477 mt, increase 0 mt).

8 mins ago

42 mins ago

Data: SHFE, DCE market movement (Mar 20)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 20 Mar , 2026

42 mins ago

1 hour ago

Aluminum Alloy Prices Fall 2.08%, Market Trading Sentiment Recovers Amid Dip Buying

[SMM Aluminum Alloy Daily Review] Futures: Today, aluminum alloy 2604 fluctuated upward after opening, hitting an intraday high of 23,160 yuan/mt before noon. Momentum from the bulls then faded, and prices pulled back step by step. In the afternoon, losses widened, with the low dipping to 22,180 yuan/mt. The decline narrowed slightly late in the session, and it finally closed at 22,810 yuan/mt, down 485 yuan/mt from the previous trading day, a drop of 2.08%. Spot: Market quotes generally moved lower today, with the SMM ADC12 price down 300 yuan/mt. Driven by the price pullback and weekend restocking demand, market trading sentiment recovered somewhat from the previous period, and downstream purchase willingness to buy the dip increased, supporting improved transactions at some enterprises.

1 hour ago