Aluminium exports rise 16% in April-June on global supply constraints

International prices of aluminium firmed up by 18.3% year-on-year in Q1 of FY19

Aluminium exports from the country shot up by 15.9 per cent in the April-June quarter as global markets continued to grapple with deficit of the metal. The exporters were also helped by an oversupply in the domestic market. 

The uptrend in aluminium exports observed in the last financial year has spilled over to FY19 as well. In 2017-18, aluminium exports logged 36 per cent growth as global demand for the white metal outpaced supplies. In volume terms, aluminium exports increased from 1.22 million tonnes (mt) to 1.66 mt in the last financial year. 

In the April-June period of the current