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May 31 – China's refined oil output was up 5.3% year on year to 92.4 million tons in the first four months of 2012, according to the National Development and Reform Commission.
http://www.cs.com.cn/xwzx/cj/201205/t20120531_3353331.html
May 31 – China's ethylene output was down 2.3% year on year to 5.13 million tons in the first four months of 2012, according to the National Development and Reform Commission.
http://www.cs.com.cn/xwzx/cj/201205/t20120531_3353331.html
May 31 – China's fertilizer output was up 15.3% year on year to 23.46 million tons in the first four months of 2012, according to the National Development and Reform Commission.
http://www.cs.com.cn/xwzx/cj/201205/t20120531_3353331.html
May 30 – China's soybean imports will climb to 56.8 million tons in 2011/2012, up from 52.3 million tons in the previous fiscal year, as domestic production falls and demand runs high, according to Hamburg, Germany-based Oil World.
http://cn.reuters.com/article/chinaNews/idCNCNE84T02020120530
May 30 – Rubber stockpiles in China's Qingdao port, the main shipment hub for the commodity, is increasing as tire demand slows amid slack vehicle sales, Bloomberg reported, citing Qingdao International Rubber Exchange Market. Rubber futures in the country have plunged 50% from a record high in February 2011.
http://www.bloomberg.com/news/2012-05-30/general-electric-to-open-second-china-innovation-center-in-xi-an.html
May 28 – Daily crude steel output at China's major mills totaled 1.69 million tons between May 11 and May 20, down 0.4% from the same period in April, according to the China Iron & Steel Association. Daily crude steel output nationwide was estimated to fell 0.3% to 2.04 million tons during the same period.
http://www.yicai.com/news/2012/05/1761475.html
May 25 – Cotton planting in China, the world's biggest consumer of the material, has dropped 10% in major growing regions as labor costs have increased, cutting into profits, Bloomberg reported, citing the China Cotton Association. Spring planting is largely finished, with the Yangtze River and the Yellow River areas, which account for more than 60% of the country's output, falling the most, according to the association.
http://www.bloomberg.com/news/2012-05-25/china-cotton-planting-may-fall-by-10-on-increasing-labor-costs.html
May 24 – China's ravenous appetite for commodities is waning and its demand will no longer be the most powerful force in the bullish global commodities market, according to Credit Suisse. The investment bank also forecasted the nation's economic growth to slow to between 7% and 8% in the next decade.
http://www.yicai.com/news/2012/05/1753536.html
$1 = ¥6.34
@2011 China Economy @ The China Perspective.
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