Chinese aluminum exports in June rise significantly

It is reported that as LME aluminum price rallied recently, China’s aluminum product exports increased significantly in June and July. The forged aluminum exports increased to 19,310 tonne in June and predicted to rise to 28,000 tonne in July. Increasing aluminum exports can help local suppliers to reduce surplus of aluminum supply. Meanwhile, with 13% import tax rebate, Chinese aluminum exporters can gain more profit through export.