China's aluminium foil exports shrink significantly in Aug

Published: Sep 26, 2019 14:43

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The monthly decline grew from a 2.39% drop in Jul, to 13.32% in Aug

SHANGHAI, Sep 26 (SMM) – China's exports of aluminium foil extended their declines in August as they decreased by 13.32% from July and by 9.85% from August 2018 to stand at 98,100 mt in August, the latest customs data showed.

Poor overseas orders accounted for the lower exports last month. The monthly decline grew from a 2.39% drop in July.

Last month, export volume of aluminium foil under four out of the total five HS codes saw month-over-month declines of 13-16%. Exports of product under HS code 76071120 climbed 9.06%.

On a yearly basis, exports in January-August remained 5.04% higher.

Tradeflow Aluminium foil

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