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China commodities & resources wrap for the week of 5/10/2012 - Powder Spray Booth Manufacturer by qrt etget





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China commodities & resources wrap for the week of 5/10/2012 - Powder Spray Booth Manufacturer by
Article Posted: 06/15/2013
Article Views: 75
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Word Count: 397
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China commodities & resources wrap for the week of 5/10/2012 - Powder Spray Booth Manufacturer


 
Business,Business News,Business Opportunities
May 10 – China's soybean imports were up 22.3% year on yearto 18.15 million tons in the first four months of 2012, accordingto customs figures. www.customs.gov.cn/publish/portal0/tab400/module15677/info367772.htm May 10 – China's iron ore imports were up 6.5% year on yearto 244.6 million tons in the first four months of 2012, accordingto customs figures. www.customs.gov.cn/publish/portal0/tab400/module15677/info367772.htm May 10 – China's crude oil imports were up 9.3% year on yearto 92.87 million tons in the first four months of 2012, accordingto customs figures. www.customs.gov.cn/publish/portal0/tab400/module15677/info367772.htm May 10 – China's copper imports were up 48.8% year on year to1.74 million tons in the first four months of 2012, according tocustoms figures. www.customs.gov.cn/publish/portal0/tab400/module15677/info367772.htm May 10 – China's aluminum imports were up 34.9% year on yearto 433,032 tons in the first four months of 2012, according tocustoms figures.

www.customs.gov.cn/publish/portal0/tab400/module15677/info367772.htm May 8 – China's demand for natural gas is to double thecurrent level by 2013, according to Liu Tienan, the head of theNational Energy Administration. The country consumed 131.3 billionm3 of natural gas in 2011. company.cnstock.com/industry/top/201205/1999010.htm May 8 – Mainland China's gold imports from Hong Kong surgedmore than sixfold in Q1 2012, adding to signs that the country maydisplace India as the world's largest gold consumer, Bloombergreported. Imports from Hong Kong were 135,529kg between January andMarch, up from 19,729kg in Q1 2011, according to the Hong Konggovernment. news/2012-05-08/china-s-gold-imports-advance-as-country-may-become-biggest-user.html May 4 – The pork/feed price ratio has remained below the 6breakeven point in China for three straight months as corn pricescontinued to rise, the National Development and Reform Commissionsaid.

Pork prices averaged ¥14.52/kg nationwide on April 25. news/2012/05/1693375.html April 30 – China bought nearly one million tons of US cottonover the past seven months, keeping prices afloat on the globalmarket, the Wall Street Journal reported. Analysts say the buyingspree is not over, citing the country's needs of millions of tonsof cotton to feed its mills, which produce 40% of the world'scotton goods. Global cotton prices are cheaper in China.

online.wsj.com/article/SB10001424052702303990604577370442448361770.html April 27 – The average prices of iron ore shipped to Chinahas fallen to $148/ton as demand for steel was subdued amid slackmanufacturing and real estate sectors, according to Metal Bulletin. cn.wsj.com/gb/20120427/BCHc-030086.asp $1 = ¥6.3.

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