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May 18 – China added 11,650 tons to its first batch of rareearth export quota for this year, increasing the total amount ofthe first batch to 22,195 tons, according to the Ministry ofCommerce. The nation exported 2,773 tons of rare earth minerals inQ1 2012, or just 26% of the initial quota, and only about half oflast year's 30,184-ton quota was used, according to data from theministry. finance.qq.com/a/20120518/002305.htm May 18 – China's demand for gold grew 10% year on year to255.2 tons in Q1 2012, replacing India as the world's largest user,according to the World Gold Council. Consumption from gold jewelryin China was up 8% year on year to 156.6 tons between January andMarch, accounting for 30% of the world's aggregate demand for goldjewelry. finance.qq.com/a/20120518/001480.htm May 17 – Gold price at the Shanghai Gold Exchange has droppedbelow ¥320/g and the retail prices of gold jewelry in Chinaaveraged below ¥400/g as the US dollar kept gaining in value.The prices were the lowest since 2012. economy.caijing.com.cn/2012-05-17/111850472.html May 11 – China's sugar output was up 17% year on year to 9.45million tons in the first four months of 2012, according to theNational Bureau of Statistics. cn.wsj.com/gb/20120511/BCHc-004755.asp May 11 – China's steel output was up 7.9% year on year to81.07 million tons in April, according to the National Bureau ofStatistics. www.stats.gov.cn/tjfx/jdfx/t20120511_402804962.htm May 11 – China's cement output was up 4% year on year to196.66 million tons in April, according to the National Bureau ofStatistics. www.stats.gov.cn/tjfx/jdfx/t20120511_402804962.htm May 11 – China processed 36.96 million tons of crude oil inApril, down 0.3% year on year, according to the National Bureau ofStatistics. www.stats.gov.cn/tjfx/jdfx/t20120511_402804962.htm May 11 – China's output of the ten most used nonferrousmetals was up 2.3% year on year to 2.89 million tons in April,according to the National Bureau of Statistics. www.stats.gov.cn/tjfx/jdfx/t20120511_402804962.htm May 11 – China's ethylene output was down 6.3% year on yearto 1.22 million tons in April, according to the National Bureau ofStatistics. www.stats.gov.cn/tjfx/jdfx/t20120511_402804962.htm May 10 – China's dependence on imported oil and iron ore bothexceeded 56% in 2011, according to a report released by theMinistry of Land and Resources. finance.qq.com/a/20120511/002246.htm $1 = ¥6.32. The e-commerce company in China offers quality products such as Truck Electric Winch Manufacturer , China Electric Boat Winch, and more. For more , please visit ATV Electric Winch today!
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