Export Volume in Aluminum Cable Enterprises Increased

(China Aluminum Network) According to the datas from China Customs that the total export volume of China aluminum strand, cable, passement and similar products reached 7,864 tons in November, from January to November was 110,190 tons totally increased 6.7% yoy. But domestic manufacturers said, though total export volume increased, profits decreased.

As the statistics, the total export volume of noninsulated steel core aluminum strand, cable, passement and similar products was 67,179 tons from January to November, decreased 18.7% yoy. while the total export volume of other noninsulated aluminum strand, cable, passement and similar products was 43,011 tons, increased 108% yoy.

Owing to the increased number of aluminum cable exporters in 2012, enterprises with fierce price competition. The increasing RMB exchange rate also leaded enterprises profits drop.

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