According to customs data, as July this year, China exported 2.87 million tons of unwrought aluminum and aluminum products, a record high. Harbor General Manager Jorge Vazquez on Tuesday said in a report: "the devaluation to restore competitiveness of Chinese exports. "" Slowdown in China's economic growth, capacity and overproduction will be the main driver of falling commodity prices. ”
while aluminum prices fell, many manufacturers have not yet cut output, partly because of government subsidies. While weaker domestic demand, stimulate a lot of aluminum exports to global markets. 28% aluminum exports in January-July this year, China increased to a record high. Combined with this week's people zad devaluation, aluminum will greet more supply in the market, due to weaker peoples zad will reduce the cost of domestic production.
So it's a good time for others to import aluminum products from China,we
mintai aluminum will continue serve our clients with heart and soul,welcome your inquires.
(Chat Online)
