Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
09 SEPTEMBER 2014 AL CIRCLE

China’s high export and low import of aluminium creates a $49.8 billion trade surplus

1MINS READ
With the rising exports and a second climb of aluminium in three days, China, the biggest consumer of industrial metals, experienced a healthy trade surplus.

According to the Beijing based customs administration, China’s export grew by 9.4% in August when compared to last year, beating the Bloomberg News Survey prediction of 9%. Meanwhile aluminium saw a hike of 0.3% climbing to $2,100/mt in London. The unexpected 2.4% drop in the imports also contributed to the trade surplus which amounted to $49.8 billion.

“China’s better-than-expected trade surplus and exports data eased concern over a slowdown in the country’s growth, providing support for metals,” said Kazuhiko Saito, an analyst at Fujitomi Co., a commodities broker in Tokyo.

Aluminium had dropped by 0.2% last week which was its first drop in three weeks. The aluminium due for delivery in three months rose by 0.3% to $2,098.50/mt as on 8th September, 11:43 a.m. in Tokyo.

Tagged with:

Aluminium China Price Market

Adv
Adv
Adv
Adv
Adv
Adv
Adv
1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.