China¡¯s Aluminium Cable Export Fell by More than 10% in September

(China Aluminium Network) According to China’s Customs, aluminium cable export volume was 9326 tons in September which decreased by 14.68% compared with 12233 tons in August.

There are mainly three reasons for the drop. Firstly, due to finance tight of foreign customers, domestic producers were cautious about receiving orders. Secondly, foreign aluminum cable suppliers have imposed competitive pressure on domestic enterprises with their price advantage. Thirdly, fluctuation range on aluminium price was big recently. Foreign customers dare not to import in large quantity.

It is predicated that there was little possibility for aluminum cable export to rise in the forth quarter under the weak market.   

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