Shanghai Metal Market
China aluminum alloy wheel exports fall for three consecutive months in July
Edited by : AL CIRCLE
1 min read
China’s aluminum alloy wheel exports fell for three months running in July on a yearly basis, according to the China Association of Automobile manufacturers (CAAM).
Export quantity fell 8.3% year-on-year (YoY) to 66,700 tonnes in July, and export value also dropped 9.2% YoY to $327 million, CAAM data showed. Outbound shipment totaled 450,400 tonnes during January-July, down 0.1% from a year ago. The US remained the top export destination – 55.86% of China’s export value – during January-July, followed by Japan, Mexico and India.
Export quantity fell 8.3% year-on-year (YoY) to 66,700 tonnes in July, and export value also dropped 9.2% YoY to $327 million, CAAM data showed. Outbound shipment totaled 450,400 tonnes during January-July, down 0.1% from a year ago. The US remained the top export destination – 55.86% of China’s export value – during January-July, followed by Japan, Mexico and India.
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