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June 15 – China is increasing its crude oil reserves at the fastest pace since 2008 as the slump in international prices prompts it to import unprecedented volumes even as refining slows, Bloomberg reported. The world's second biggest oil consumer built up a surplus of 90 million barrels of crude in the first five months of the year, government data show. China, which imports over half its crude, is constructing 200 million barrels of storage capacity to help it manage price swings.
http://www.bloomberg.com/news/2012-06-14/oil-rout-has-china-hoarding-most-since-olympics-energy-markets.html
June 11 – China's natural gas output was up 5% year on year to 8.33 billion m3 in May and was up 7.2% to 45.4 billion m3 between January and May, according to the National Bureau of Statistics.
http://cn.wsj.com/gb/20120611/BCHc-002788.asp
June 10 – China's soybean imports were up 20.7% year on year to 23.43 million tons in the first five months of 2012, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info374065.htm
June 10 – China's iron ore imports were up 9% year on year to 308.22 million tons in the first five months of 2012, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info374065.htm
June 10 – China's crude oil imports were up 11.1% year on year to 118.35 million tons in the first five months of 2012, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info374065.htm
June 10 – China's copper imports were up 51.7% year on year to 2.16 million tons in the first five months of 2012, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info374065.htm
June 10 – China's aluminum imports were up 32.4% year on year to 524,157 tons in the first five months of 2012, according to customs figures.
http://www.customs.gov.cn/publish/portal0/tab400/module15677/info374065.htm
June 9 – China processed 38.33 million tons of crude oil in May, down 0.7% from a year earlier, according to the National Bureau of Statistics.
http://www.stats.gov.cn/tjfx/jdfx/t20120609_402810973.htm
June 9 – China's output of ten of the most used nonferrous metals was up 6.6% year on year to 3.04 million tons in May, according to the National Bureau of Statistics.
http://www.stats.gov.cn/tjfx/jdfx/t20120609_402810973.htm
June 9 – China's ethylene output was down 7.1% year on year to 1.27 million tons in May, according to the National Bureau of Statistics.
http://www.stats.gov.cn/tjfx/jdfx/t20120609_402810973.htm
$1 = ¥6.31
@2011 China Economy @ The China Perspective.
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