China Commodities and Resources Wrap for the Week of 1/10/2012

January 10 – China's net coal import will grow 9.6% to 160 million tons in 2011, the National Energy Administration predicted.
http://www.yicai.com/news/2012/01/1335985.html

January 10 – China's soybean imports were down 3.9% to 52.64 million tons in 2011, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info348299.htm

January 10 – China's iron ore imports were up 10.9% to 686.06 million tons in 2011, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info348299.htm

January 10 – China's refined oil imports were up 10.1% to 40.6 million tons in 2011, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info348299.htm

January 10 – China's crude oil imports were up 6% to 253.78 million tons in 2011, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info348299.htm

January 10 – China's copper imports were down 5.1% to 407.31 million tons in 2011, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info348299.htm

January 5 – China's crude steel output may grow 4% to 700 million tons this year, according to Zhu Jimin, chairman of steelmaker Beijing Shougang Co. He predicted the nation's crude steel output had risen 9.2% to 683 million tons in 2011.
http://www.yicai.com/news/2012/01/1325071.html

December 31 – China plans to produce 30 billion m3 of shale gas annually by the end of 2015, according to a five-year plan for the shale gas industry.
http://www.yicai.com/news/2012/01/1318169.html

December 30 – Industrial use of corn in China, the world's second biggest corn consumer, may grow at the slowest pace in at least five years as the economy cools, Bloomberg reported, citing state-run researcher Cngrain.com. The amount processed may expand 5% to 55 million tons in the year ending September 30, compared with 11% a year earlier, Cngrain.com analyst Zhang Zhixian said.
http://www.bloomberg.com/news/2011-12-29/corn-demand-for-industrial-use-in-china-may-slow-in-2012-as-economy-cools.html

$1 = ¥6.31