Home / Metal News / China Unwrought Aluminium Alloy Exports Fell In April, Japan and South Korea were the Largest Buyers

China Unwrought Aluminium Alloy Exports Fell In April, Japan and South Korea were the Largest Buyers

iconMay 26, 2023 11:57
Source:SMM
China exported 16,400 mt of unwrought aluminium alloy in April, down 35.2% year on year and down 16.5% month on month.

China exported 16,400 mt of unwrought aluminium alloy in April, down 35.2% year on year and down 16.5% month on month.

The total exports from January to April were 73,500 mt, a year-on-year increase of 16.1%.

The top five suppliers of China’s unwrought aluminium alloy imports from January to April are Malaysia (38,900 mt), Vietnam (14,700 mt), Thailand (7,900 mt), South Korea (7,800 mt) and Russia (3,900 mt), accounting for 41.6%, 15.7%, 8.5%, 8.3% and 4.2% respectively. The rank is the same as March. Imports from Malaysia increased from 36.1% in March, and the remaining suppliers accounted for only about 20%.

In April, the amount of unwrought aluminium alloys exported to Japan was 10,000 mt, accounting for 62%, mainly through tolling trade. Exports to South Korea were 2,000 mt, accounting for 13%. Japan and South Korea accounted for more than 70% of the total.

More popular news:

'Bond King' Jeffrey Gundlach Says Sharp Fed Rate Cuts By Year-End Will Push Up Gold Prices

Copper Shortage Is Irreparable Even after Biggest Mergers and Acquisitions, Here’s Why

Rio Tinto Warns of Risks for Paying High Premiums for Lithium Mines after Plunging Lithium Prices Triggered Acquisition Rush

Goldman Sachs Lowers Price Forecast for Aluminium, Copper in 2023, Sees Nickel Price Plunging

Zinc Prices to Plunge by 2025, Here's Why

World Bank: Global Commodity Prices to Plunge Precipitously This Year at Fastest Speed since Covid Outbreak

G7 to Expand Sanctions Covering Metals on Russia, Promises Further Support for Ukraine

A Bull Gold Market Has Just Begun 

Citigroup Warns European Commercial Real Estate Values Will Plummet 40%, But Sees Medium-Term Opportunity

IMF: US Debt Defaults Will Take a Heavy Toll on Global Economy, Global GDP Growth Can Plunge

Goldman Sachs Warns of Serious Risks US Dollar Will Lose Reserve Currency Status on Debt Ceiling Standoff

BofA Sharply Lowers Forecast for Oil Price, Global Oil Consumption in 2023

UBS Raises China GDP Growth Forecast, Sees Earnings from China Stock Market Soaring, RMB Appreciating

Global Aluminium Inventory to Plunge Further amid Supply Headwinds, LME Aluminium Prices to React Fast

High Lithium Ore Prices in Australia will Drive Lithium Prices Rebound, Reasons Prevent Output to Grow

Sharp Output Cuts Led to Lithium Ore Shortages, High Import Prices Drove Lithium Salt Producers to Shut Down

US Treasury Bill Rates Soar to Record High on Debt Ceiling Jitters

USGS Rejects Copper as Critical Mineral despite Huge Shortage and Biggest Producers Push, Citing Misleading Arguments

Buffett, Munger Talk about AI, De-Dollarisation, EV, China-US Relations, Global Supply Chains at Warren Buffett and Berkshire Hathaway’s 2023 Annual Meeting

SMM Daily Comments (May 24): LME Base Metals Closed with Losses, All Ferrous Metals Dropped with Iron Ore Plunging, Oil Gained Ground as Goldman Sachs Sees Stubborn Shortage from June

SMM Daily Comments (May 9): Most LME Base Metals Closed Lower, SHFE Nickel Prices Plunge, Ferrous Metals Mostly Rose

SMM Daily Comments (May 12): SHFE Base Metals and Silver Prices Crashed, Most LME Base Metals Prices Went Down, Oil Posted 3-Day Losing Streak

SMM Daily Comments (May 16): Most Base Metals Prices Closed with Losses, SHFE Nickel, Stainless Steel Plunge, Oil Gained on G7 New Measures, US Strategic Petroleum Reserve Replenishment and Supply Concerns

SMM Daily Comments (May 17): Most Metals prices Rose, Ferrous Metals Jumped with Coking Coal soaring 3.29%,Oil Went Down on Surprise Inventory Growth, Poor China Economic Data and IEA Doubt on Russia Cheating on Output Cuts

SMM Daily Comments (May 19): LME Metals Rose across the Board, All Ferrous Metals Dropped with Coking Coal Plunging

SMM Daily Comments (May 22): Metals Prices Mostly Fell, Zinc Plunged to over 2-Year Low, Coke Slumped, Fears over US Debt Ceiling and China Demand Structural Issues Weigh on Oil

Global Key Base Metals Face Supply Glut, Severe Oversupply for Aluminium, But There Is a Global Copper Shortage

Buffett Talks about Banking Crisis and Bank Stocks He Bought, Munger Warned Commercial Real Estate: the City Will Be Seriously Hollowed Out

Market review
Import/Export

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news