First half of 2008, China's crude oil import price of 717.7 U.S. dollars on average / ton, up 67.3% year on year; the average export price of 685.1 U.S. dollars of crude oil / ton, up 85.1% year on year.
China Customs on September 3 news, customs statistics, in 2008 in the first half, China imported a total of 9,053 tons of crude oil than the same period in 2007 (below) an increase of 11% growth over same period in 2007 went down 0.2 percentage points; worth 64.98 billion U.S. dollars, up 85.8%; the average price of 717.7 U.S. dollars of imports / ton, up 67.3%.
Over the same period, China exported 1.565 million tons of crude oil, down 37.2%; worth 1.07 billion U.S. dollars, up 16.2%; export average price of 685.1 U.S. dollars / ton, up 85.1%.
China's crude oil import and export of the first half of 2008, the main features are:
First, in June crude oil imports increased slightly, the month export volume doubled. China's crude oil imports rose in May after rising heavy volume, shrinkage occurs in June to adjust the growth rate slowed down. Month import 1,457 tons, up 3.2%, decreased 10.1%. Month average price of imports up to 849.2 U.S. dollars / ton, the highest single month in recent years, a new high average price of imports, rose 81%, a net increase of monthly average price of 101.6 U.S. dollars per ton last month, the chain increased 13.6%.
Subject to the same period in 2007, the low base effect in June crude oil exports that month showed double oil exports 610,000 tons, an increase of 1.7 times the value of 500 million U.S. dollars, an increase of 4.6 times. The average export price of 826.5 U.S. dollars / ton, up 85%.
Second, the general trade import and export of major trading ways. In the first half, China's total imports under general trade of crude oil 8,236 tons, up 16.6% over the same period China accounted for 91% of the total crude oil imports. Processing trade imports of crude oil 5.52 million tons, down 22.7%.
Over the same period, exports of general trade of crude oil to 1.225 million tons, down 47% over the same period China's exports of crude oil accounted for 78.3% of the total; to bonded warehouses 339,000 tons of crude oil exports, an increase of 81.4%.
Third, from Angola, Saudi Arabia, Iran's imports were more than 1,000 tons, the main export markets are Japan, South Korea and the United States.
In the first half, imports of crude oil is still the main origin countries of Africa and the Middle East, in Angola, Saudi Arabia and Iran as the top three sources of imports of crude oil. Of which 1,676 million tons of crude oil imports from Angola, an increase of 45.8%; imports from Saudi Arabia, 1,629 million tons, up 35.9%; from Iran to import 1,076 tons, down 1.2%. Since the three countries imported 4,381 tons of aggregate, accounting for the same period China's total crude oil imports 48.4%.
Over the same period, China's crude oil exports to Japan 420,000 tons, up 1.1 times; on Korean exports 403,000 tons, down 29%;. U.S. exports of 236 thousand tons, down 1%. Together these three markets accounted for the same period the export of China's total crude oil exports 65.4%. In addition, ASEAN exports 20 million tons, down 83.1%.
Fourth, the dominance of state-owned enterprises import, export of foreign-invested enterprises dropped significantly.
In the first half, the state-owned enterprises imported 8,492 tons of crude oil, up 12.3%, crude oil imports over the same period accounted for 93.8% of the total. Over the same period, foreign-invested enterprises exported 1.177 million tons of crude oil, down 44.3%, accounting for the same period China's total crude oil exports 75.2%. In addition, the state-owned enterprises exported 386 thousand tons, an increase of 1.7%. I am an expert from China Toys Suppliers, usually analyzes all kind of industries situation, such as decorative bird baths , steel bird feeder.
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