30 DECEMBER 2015AlCircle.com
China aluminium semis exports likely to lose ground in November
Edited by : AL CIRCLE
1 min read
China's aluminium semis exports soared 40.2% month-on-month in November, but the growth is likely to slowdown in the short term.
The significant increase was mainly driven by aluminium extrusion, whose exports rose 131,600 tonnes to 201,900 tonnes, Chinese customs data showed. Lower SHFE/LME aluminium price ratio, plus export rebate, added to the aluminum extrusion exports buoyancy, observed SMM.
In fact, exports of other aluminium semis declined in November. Exports of aluminium plate/sheet and strip were down 10.4% from October to 113,000 tonnes in November, and exports of aluminium foil also slid 4.4% from October to 72,000 tonnes, according to the data revealed by China Customs.
The significant increase was mainly driven by aluminium extrusion, whose exports rose 131,600 tonnes to 201,900 tonnes, Chinese customs data showed. Lower SHFE/LME aluminium price ratio, plus export rebate, added to the aluminum extrusion exports buoyancy, observed SMM.
In fact, exports of other aluminium semis declined in November. Exports of aluminium plate/sheet and strip were down 10.4% from October to 113,000 tonnes in November, and exports of aluminium foil also slid 4.4% from October to 72,000 tonnes, according to the data revealed by China Customs.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
Aluminium intensive Range Rover Evoque Convertible to debut at 2016 Auto Expo
Next articleProtectionism rises as govts seek to help aluminium and other metal manufacturing
Grow with
AL Circle
