China's imports are reshaping the global aluminium market


This time around the world's COVID-19 surplus is sitting at Asian locations within easy shipping distance of China, particularly Malaysia's Port Klang. (File pic shows aluminium stock at Port Klang, Malaysi. - The Star

LONDON: China imported a further 158,000 tonnes of primary aluminium in June, bringing the half-year tally to 744,000 tonnes.

When the world's largest producer started tapping the international market-place early last year, it appeared to be a temporary blip caused by China's rapid bounce-back from lockdown.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Aluminium , China , Malaysia , stocks , Port Klang , LME ,

   

Next In Business News

BMI expects Malaysia's economy to be resilient in 2024 at 5.0%
Tengku Zafrul: Malaysia-UAE CEPA set to boost bilateral trade by 60%
MOF approves digital banking license to YTL Digital Bank
CLMT appoints Yong Su-Lin as CEO
Ringgit steadies around 4.50-level against U dollar
Chiew Ho Foundation becomes substantial shareholder in AYS Ventures with 57.27% stake
Atlan expects challenging business environment ahead
Bank Islam, Solar Voltech ink RM105.2mil solar financing agreement
Yinson Production secures US$1bil investment from consortium of international investment firms
Oriental Kopi IPO oversubscribed by 59.96 times

Others Also Read