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China aluminium imports rise 55%MoM, SHFE inventories down 75% YTD
Edited by : AL CIRCLE
1 min read
Even as concerns of a Chinese slowdown dominate markets, August data shows that Chinese primary aluminium imports rose a staggering 55% month-on-month in August at 11.7 Kt.
Aluminium imports rose by 55% to 11.7Kt and exports of aluminum declined to 1.9 Kt making China a net-importer of the mental for August.
Most of the aluminium exported from China goes to Japan, which is in the midst of an infrastructure reconstruction drive post the March Earthquake.
Aluminium imports rose by 55% to 11.7Kt and exports of aluminum declined to 1.9 Kt making China a net-importer of the mental for August.
Most of the aluminium exported from China goes to Japan, which is in the midst of an infrastructure reconstruction drive post the March Earthquake.
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