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MNI BRIEF: China Iron-Ore Imports Up In July

MNI (Beijing)

China’s imports of iron-ore reached 103 million metric tonnes in July, up 5.3% m/m, according to customs statistics released on Wednesday.

Beijing’s inbound shipments of iron-ore now total 713 million metric tonnes during the first seven months of the year, up 6.7% y/y, accelerating from 6.2% during the first six months.

China’s pace of crude oil import decline continued to quicken, with July seeing 42 million metric tons imported, down from June’s 46 million metric tonnes, meaning total imports fell 2.4% y/y during the first seven months, from a decline of 2.3% during the first six months, statistics showed.

MNI Beijing Bureau | lewis.porylo@marketnews.com
Policy NewsCentral Bank NewsPBOCAPACChinaEM Policy NewsEM Policy StoryEM BriefEM Central Bank NewsPeoples Bank of ChinaBriefStoryRegion
MNI Beijing Bureau | lewis.porylo@marketnews.com
Policy NewsCentral Bank NewsPBOCAPACChinaEM Policy NewsEM Policy StoryEM BriefEM Central Bank NewsPeoples Bank of ChinaBriefStoryRegion

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