China Aluminum Products Output Keeps an Increase Rate of over 40% This Year.

According to the latest statistics by China Statistics Bureau, China aluminum products output keeps increasing in September, and increases 450,000 ton by 58% to 1.223 million ton compared with the same period of last year.

The total output of 2007 always maintains a growth rate of over 40%, even higher than 36.9% in 2006. The output from Jan. to Sep. reaches 8,398,000 ton, rising 42.8% over the same period of a year ago.

Due to 15% tax for primary aluminum charged by the government, aluminum products export is on the high side in the first half year, while it falls rapidly since the government abolished a series of export drawback for aluminum products in early July.

The monthly output statistics released by National Statistic Bureau doesn¡¯t show decreasing but accelerating trend of aluminum products output after the implement of export drawback.

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