China's Oct aluminum alloy imports rise 19%; exports fall 46%

Singapore (Platts)--22Nov2012/1052 pm EST/352 GMT


China's aluminum alloy imports in October rose 18.9% to 9,577 mt, from the 8,057 mt imported in the same month of 2011, the latest figures from the General Administration of Customs of China showed Friday.

The figure, however, represented a decline of 27.2% from the 13,147 mt imported in September this year.

Aluminum alloy exports in October totaled 34,468 mt, a drop of 46% from the 63,825 mt exported a year ago, and also down 11.4% from the 38,889 mt exported in the previous month.

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For the January-October period, China imported 102,166 mt of aluminum alloy, which was a rise of 15.3% from a year ago. The country also exported a total 430,367 mt of aluminum alloy during the first 10 months, which was a fall of 23.6% year on year.

--Yuencheng Mok, yuencheng_mok@platts.com --Edited by Geetha Narayanasamy, geetha_narayanasamy@platts.com