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December 28 – China cut 27% of its quota for rare earthexports in 2012 after exporting 4,750 tons of the minerals in thefirst 11 months of 2011, using only 49% of the quota, the Ministryof Commerce said. zg/zg111228_010.shtml December 27 – 76 million tons of alumina and 200 million tonsof iron ore deposits have been discovered in Chongqing this year,according to the State Administration of Geological Prospecting. finance.qq.com/a/20111227/004203.htm December 27 – China produced 290.75 tons of gold in the first10 months of 2011, with the industry profiting ¥26.78 billion,up 5% and 39.4% respectively from the same period a year ago. .cn/xwzx/05/201112/t20111226_3185853.html December 26 – China's output of the 10 most used nonferrousmetals was up 10.3% year on year to 31.23 million tons betweenJanuary and November; the rate was 8.6 percentage points slowerthan a year earlier. index/cj/201112/1763954.htm December 26 – China's crude steel output was up 9.8% year onyear to 630.98 million tons between January and November; the ratewas 0.3 percentage points slower than a year earlier. index/cj/201112/1763954.htm December 26 – Natural rubber demand in China, the world'slargest rubber consumer, may slow in 2012 and prices may extend thebiggest annual decline in three years as economic growth and autosales ease, Bloomberg reported, citing an executive at Okachi &Co, the largest broker of rubber contracts on the Tokyo CommodityExchange. Slower Chinese demand may lead to a 33% decline in pricesthis year, the biggest drop since 2008, amid higher supply fromproducers including Thailand, and as the sovereign debt crisis inEurope deepens and growth in the US slows. news/2011-12-26/rubber-demand-in-china-to-slow-in-2012-as-auto-sales-decline-okachi-says.html December 23 – China's consumption of refined oil grew 5% yearon year to 222.15 million tons in the first 11 months of 2011,according to the National Development and Reform Commission. cn.wsj.com/gb/20111223/BCHc-002161.asp December 23 – The price of electrolytic aluminum has slid to¥15,500/ton in China, below the average ¥16,500/ton toproduce it, Aluminum Corp of China (NYSE: ACH, SHA: 601600, HKG:2600) president Xiong Weiping said. news/2011/12/1296323.html December 23 – China, the world's second biggest cornconsumer, may import more corn if global prices fall 19% to about$5 a bushel, a level that is significantly below domestic prices,Bloomberg reported, citing Yigu Information Consulting Ltd. China'scorn supply is sufficient after a record harvest and the governmentmay import to boost stockpiles only if there is a "clear priceadvantage," said Feng Lichen, general manager of Yigu, China'slargest corn information portal. news/2011-12-23/china-may-halt-buying-of-corn-until-price-falls-to-5-a-bushel-yigu-says.html December 22 – China's refined copper imports were up 48% yearon year to 343,926 tons in November and down 9.9% to 2.43 milliontons between January and November, according to customs figures. cn.wsj.com/gb/20111221/BCHc-001038.asp December 22 – China's copper concentrate imports were up 22%year on year to 672,644 tons in November and down 2.8% to 5.8million tons between January and November, according to customsfigures. cn.wsj.com/gb/20111221/BCHc-001041.asp $1 = ¥6.31. I am an expert from rexleds.com, while we provides the quality product, such as LED Cabinet Light Fixtures , LED Panel Light, LED Down Light Fixtures,and more.
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