MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI: NORWAY NOV CPI +0.3% M/M, +2.4% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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Chinese Gas Imports Weak in July while Coal Imports Rise

ENERGY

China’s imports of natural gas, both via pipeline and as LNG, were weak in July, coming in at 8.70 million tonnes, down from 8.72 million in June and around 7% below last July’s 9.34 million based on official data out over the weekend.

  • For the January to July period, natural gas imports were down 9.6% to 62.21 million tonnes.
  • Coal imports rose to 23.52 million tonnes in July, up 23.9% from June.
  • Coal imports were still down 22.1% from last July, and for the first seven months of the year they were down 18% from the same period last year.
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