The imports were up 150.9% year-on-year, the latest customs
data showed. "The shipments were more than expected, as high
premiums for imports have choked demand," a trader said. The
April imports were 14.7% lower than the previous month but
above market expectations. Premiums for imported
aluminium ingots have stayed around $370 per tonne in the past
few months, resulting in large losses for Chinese importers.
Spot deals were scarce. There were possibly two kinds...