China's aluminium foil exports shrink significantly 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.