July 17 – China's excess cement supply is easing as demand rebounded and addition of new capacity slowed down in 1H 2013, and this trend will likely last through 2H 2013, UBS says in its Morning Expresso Asia report.
July 16 – China's imports of unwrought copper totaled 380,000 tons in June, up 9.7% year on year and up 5.9% month on month. UBS says this rebound was in line with its expectation and may have been attributable to a narrower domestic-international price spread and the production cut-backs in China.
July 15 – China processed 39.6 million tons of crude oil in June, up 10.8% from a year ago, according to the National Bureau of Statics.
July 15 – Although China's apparent cement consumption grew 9.1% year on year in the first 5 months of 2013, faster than the 6.9% growth recorded in the same period of 2012, cement prices did not rise as fast as expected in the peak season in Q2 2013, affected by sizable capacity added in 2012, UBS says in its Morning Expresso Asia report.
July 12 – China will likely overtake the US as the world's largest crude oil importer in 2014 and its dependence on imported oil is estimated to reach 60%, according to an OPEC report. Different from the US which is trying to wean itself off of oil by exploring shale gas, China will not be able to do so because of technical barriers. China's crude oil imports rose 6.8% to 271 million tons in 2012, accounting for a record 58% of total consumption.
July 10 – China's refined copper output rose 14.3% year on year to 2.67 million tons in the first 5 months of 2013, according to the China Nonferrous Metals Industry Association.
July 10 – China's aluminum output rose 8.3% year on year to 8.73 million tons in the first 5 months of 2013, according to the China Nonferrous Metals Industry Association.
July 10 – China's alumina output rose 10.9% year on year to 3.72 million tons in the first 5 months of 2013, according to the China Nonferrous Metals Industry Association.
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