Why does the rise of China aluminium profile exports affect the Asian market?

Recently, the rise of China aluminium profile export has effected Asia aluminium profile market, so that the participants need to protect their bussiness. LME aluminium prices traded higher than SME in December, which make Chinese factory improve export over the past two months.

One of buyer said that he focused on specific raw material requirements since China export hike on developing commercial transaction with Asian consumers. Other buyer said that he also shifted his attention, who could be attracted to switch to cheaper aluminium profile. He also said that Chinese exports would always had an impact , but that does not bother them.

However, these buyers allowed there was some business they could not win in Thailand, South Korea and Vietnam over the past month because of the availability of cheaper China aluminium profile and other aluminum products. The Asia market will stay the weakest market because of there is a lot of stock.

As latest primary data from the General Administration of Customs showed, the exports of China aluminum profile and aluminum products in December improve 13% year on year to 440,000 Tons and was rise 16% from November. In 2017, exports up 4.5% year on year, totaled 4.79 million tons.