Page 51 - Import Export News Today

According to the General Administration of Customs, China imported 15,811 mt of tin ore and its concentrate in April, down 45.45% MoM and 17.14% YoY. The imports in January-April totalled 104,541 mt, up 72.13% YoY.

SHFE aluminium prices remain rangebound. In the early trading today, SHFE aluminium rose and ended the two-day continuous decline, closing up by 0.76% to 26,560 yuan/mt.

SHANGHAI, May 20 (SMM) - According to customs data, China's total magnesium ingot exports in April 2022 were 23,797 mt, down 13.6% month-on-month and up 8.4% year-on-year.

According to customs data, China exported 70,100 mt of aluminium wheels in April 2022, down 10% month on month and 15% year on year.

SHANGHAI, May 19 (SMM) - According to the Cobalt Market Report released by the Cobalt Institute on May 17, electric vehicles have surpassed smartphones and personal computers to become the largest source of cobalt demand for the first time.

SHANGHAI, May 19 (SMM) -  The Baltic Dry Index rose 94 points, or 3%, to 3,189, its highest level since December 13 last year.

According to the General Administration of Customs, China exported 9,954 mt of rare earths and its products in April, up 16.4% YoY.

SHANGHAI, May 17(SMM) - SMM data showed that a total of 71 ships arrived at major ports in China from May 9 to May 15, carrying 10.86 million mt of iron ore, down 950,000 mt on a weekly basis and 466,000 mt from a year ago.

SHANGHAI, May 10 (SMM) – China’s iron ore imports stood at 87.28 million mt in March, down 14.5% year-on-year, but up 7.4% month-on-month.

Bangladesh Bank today instructed banks to take up to 75 percent of payments in advance from businesses during opening of letters of credit for import of luxury and non-essential goods.