May exports increased by only 0.8% more than LED lighting extraordinarily eye-catching

China Securities News Network, the General Administration of Customs has just released data show that the global manufacturing country in May China's exports grew by only 0.8%, but the continuation of the trend of growth since the rebound in March.

On the whole, poor exports this year are characteristic. Exports accounted for the highest proportion of exports of electromechanical products in May increased by only 2%. Exports accounted for more than 90% of rare earth in the industry, the number and amount of exports in May fell by 15% and.

Specific commodities, the performance of good lighting, lighting products, the amount of exports increased by 23.5% in the previous May, the material is the emerging industry LED export eye-catching, which for the rapid growth of digestion and production capacity of the LED industry to bring good. Aluminum and aluminum data is not good, before the May export volume and the amount increased by 35.4%, respectively, of 28.8%. But this exports accounted for negligible in China's aluminum industry. Mineral fertilizers also due to seasonal factors in May before the number and amount of increase of 66.9% and 72.9%. Ceramic products of stabilizing prices, before May the number and amount increased by 0.6% and 34% respectively.

Last year, exports began to rise sharply this year continue to be optimistic about steel. Prior to May this year, the number of steel exports increased by 28%, but the amount increased by only 2%, indicating that steel exports fell.

At the end of last year, China's steel export subsidies were canceled in response to anti-dumping. Steel export growth has declined this year, but still relatively beautiful. West of the Shinkansen senior analyst Qiu Yuecheng believes that in order to increase pressure on domestic and abroad to maintain a high level of price, the domestic iron and steel enterprises to actively expand the export, China's steel exports continue to maintain at a high level, to alleviate the pressure of domestic supply plays a certain positive impact.

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