According to China’s customs authorities, in August of this year, the export of semi -finished products from China amounted to 1.76 million tons, which is 12 percent more in a monthly calculus, and growth amounted to 230 percent in the annual calculus. Since the demand in the local market in China was weak from June to August, factories and traders rely on export, and the workpiece was one of the main products for export sale against the background of a poor reinforcement market.
In January-August of this year, the exports of semi-finished products from China amounted to 9.24 million tons, increasing by increasing by increasing by increasing 292 percent in the annual calculus.
Until mid -July, a large price gap between China’s harvest and harvesting from other countries, such as Indonesia or Russia, contributed to a relatively high volume of export of Chinese workpiece. Since the orders have already been booked for shipment in September and October, weaker demand and the lack of further decrease in prices for Chinese SC from the second half of July can have a negative impact on the exports of Chinese SC after October.
