China’s Primary Aluminum Imports Fell by 55.1% year-on-year in March

Published: Apr 20, 2022 14:16

Source: SMM

Save

SHANGHAI, Apr 20 (SMM) - According to data released by the General Administration of Customs of China, China imported about 39,433 mt of primary aluminum in March 2022, including 83.2 mt under HS code 76011010 and 39,349.8 mt under HS code 76011090. Primary aluminum imports in March surged 115% MoM, but fell 55.1% YoY. The import volume totalled 96,551.5 mt in Q1, a year-on-year decrease of 71%.

Spot

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

2 hours ago

US Inflation Rises 0.3% in February, Matching Expectations; Fed Rate Cut Timing Unclear Amid Iran Oil Crisis

The latest US inflation data has been released, showing that seasonally adjusted CPI in February rose 0.3% MoM and was up 2.4% YoY; core CPI increased 0.2% MoM and rose 2.5% YoY, with all figures in line with market expectations. However, the prevailing market view is that the February data has not yet reflected the impact of the sharp rise in oil prices caused by the situation in Iran. Therefore, further data is still needed to support judgment on when the US Fed will cut interest rates again.

2 hours ago

China's Auto Sales Slump 15.2% in February, Exports Surge 52.4% YoY

According to data released by CAAM, China’s auto market showed the following trends in February: overall auto sales reached 1.805 million units, but fell 15.2% YoY from the same period last year. By segment, NEV sales were 765,000 units, also down 14.2% YoY. However, on the export side, auto exports reached 672,000 units in February, up 52.4% YoY.

2 hours ago

China's Passenger Vehicle Sales Drop 25.4% YoY in February, NEV Sales Down 32%

According to data released by the CPCA, retail sales in China’s passenger vehicle market totaled 1.034 million units in February, representing a 25.4 YoY decline. Specifically, in the passenger NEV market, retail sales reached 464,000 units, down 32 YoY.

2 hours ago