Don't have an account yet? Get FREE 7-Day Trial
June 21 – China is considering increasing its strategic reserves of rare earth minerals such as tungsten, indium, molybdenum and tin, according to two people familiar with the matter. The move is thought to take advantage of falling commodity prices in the global market while also stabilizing them.
http://cn.reuters.com/article/chinaNews/idCNCNE85K05820120621
June 20 – China's commercial crude oil stockpiles rose 0.2% and diesel inventories fell 3.5% in May from a month earlier, according to the China Oil & Gas Post, published by the official Xinhua News Agency. No exact numbers were given.
http://cn.wsj.com/gb/20120620/BCHc-001706.asp
June 18 – China's coal stockpiles reached 300 million tons, equivalent to the nation's daily consumption, according to the China Coal Transport Association.
http://cn.reuters.com/article/chinaNews/idCNCNE85H01R20120618
June 18 – Cotton futures reached a nearly one-month high, rising nearly 10% this week after China, the world's largest cotton consumer, surprisingly bought a huge amount of the crop from the US, the Wall Street Journal reported. China bought close to 94% of the 795,700 bales of the net export sales from the US in the week ending June 7, the US Department of Agriculture said.
http://online.wsj.com/article/SB10001424052702303410404577468671432266902.html?mod=googlenews_wsj
@2011 China Economy @ The China Perspective.
HOME
