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    China Aluminum Exports Created New High in 3 Years

  • China Aluminium Network
  • Post Time: 2014/8/19
  • Click Amount: 455

    (China Aluminum Network) China aluminum products exports reached the highest level in three years, owing to the increasing of foreign prices.

    According to the data from General Administration of Customs, the export volume of China unwrought aluminum and aluminum products was 380 thousand tons in July which created new high in three years, increased 23% compared with the same period in last year; the figure in 2011 was 390 thousand tons.

    Goldman Sachs stated in a report, global aluminum market supply deficit may reach 579 thousand tons in 2014 and 619 thousand tons in 2015. 

    The analysts said producers may increase exports to win foreign profits. The high aluminum price in overseas countries can result the decreasing demand of local aluminum products, and increasing demand from China aluminum products.

    Source: www.alu.com.cn
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