Chinese export volumes of unwrought aluminium and aluminium products hit a record high for the year in March, according to preliminary Chinese customs data released on Friday April 13.
China exported 452,000 tonnes of aluminium products last month, a 10% increase from 410,000 tonnes exported in March 2017, and up 22% from February's 372,000 tonnes, customs data showed. This is the highest level since July 2017.Import losses on the Shanghai-London arbitrage for aluminium remained high during March, encouraging export activity from China....