It was reported that Chinese aluminum product exports reached 510,000 tons in June, with a worth of RMB 9.41, which was the second time ever exceed half a million tons.
Even though Chinese aluminum products were subject to 10% import tariffs in the US since March 23rd, the strong international prices and a weak Chinese RMB meant continuing shipments from China.
It was believed that Chinese aluminum exports in July exports will keep a high level because of the weak currency and inactive domestic market. Besides, aluminum prices in the US and Europe were strong, although it was weakened in Chinese market.
Chinese aluminum exports increase 10.9% in Jun amid trade war intensification
17 Jul 2018 16:16 reported by Raul Lee
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