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[SMM Analysis] China's pre-baked anode exports increased by 23.4% in the first half of the year compared with the same period last year.
Jul 28,2020 09:10CST
translation
Source:SMM
SMM July 28th: according to customs statistics, domestic exports of prebaked anodes totaled 114000 tons in June 2020, down 12.78% from the same period last year and 30.95% from the previous month. From January to June, domestic exports of pre-baked anodes totaled 796500 tons, an increase of 23.4 percent over the same period last year.
The content below was translated by Tencent automatically for reference.

SMM July 28th: according to customs statistics, domestic exports of prebaked anodes totaled 114000 tons in June 2020, down 12.78% from the same period last year and 30.95% from the previous month. From January to June, domestic exports of pre-baked anodes totaled 796500 tons, an increase of 23.4 percent over the same period last year.

Table 1 domestic export statistics of prebaked anodes in June 2020 (unit: 10,000 tons)

This month, the main exporters of domestic prebaked anodes are Canada, Russia and Malaysia, totaling 68000 tons, accounting for 59.6%. Among them, the total amount of anodes exported to Canada is about 24000 tons, down 33.7% from the previous month. The total amount of anodes exported to Russia was about 23700 tons, down 0.69% from the previous month. The total amount of anodes exported to Malaysia was about 20000 tons, down 48.76 per cent from the previous month.

Source: China Customs

SMM brief analysis: from the perspective of customs data, the export volume of China's prebaked anodes in the first half of this year was not affected by the epidemic and was on the rise as a whole. affected by the oversupply at home, domestic anode enterprises are paying more attention to foreign market demand, but due to the continued spread of the overseas epidemic, some overseas electrolytic aluminum enterprises have adjusted their operating capacity, and the anode orders of overseas aluminum plants after June may be affected. SMM predicts that the total amount of anode exports may be restrained in the second half of the year.

 

 

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