China Aluminium Network
Aluminum Decline in Export
Edited by : AL CIRCLE
1 min read
According to China Customs aluminum profiles exports are 77 thousand tons,an increase of 9.3% YOY, aluminum plate and aluminum strip exports are 128.8 thousand tons,an increase of 54.57% YOY.
From the view of month-to-month, aluminum profiles decrease 29.8 thousand tons, aluminum foil keeps stable.
There are few main reasons which have caused decline in export, the first one is ratio of Shanghai price and London price is around at 7.5 all the time, this leads to decline in profits for domestic aluminum exporters. The second one is debt crisis in Europe and America which has lead to Europe and America's economic growth slowing down, and domestic consumption had to descend.
From the view of month-to-month, aluminum profiles decrease 29.8 thousand tons, aluminum foil keeps stable.
There are few main reasons which have caused decline in export, the first one is ratio of Shanghai price and London price is around at 7.5 all the time, this leads to decline in profits for domestic aluminum exporters. The second one is debt crisis in Europe and America which has lead to Europe and America's economic growth slowing down, and domestic consumption had to descend.
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