As industrial users increased their inventory before the rising autumn coming, the import volume of commodities in August in August generally recovered from last month.However, most of the data so far so far is far lower than the level of last year, indicating that China's real estate crisis and epidemic prevention measures are still dragging economic activities.
According to Bloomberg, from January to August this year, the import volume of Chinese crude oil decreased by 4.7%year -on -year, and the import volume of iron ore decreased by 3.1%year -on -year.Decrease.
It is hoped that the recovery of construction activities in autumn and the government's measures to drive economic growth through infrastructure, the import volume of iron ore sand and its concentrate in August has increased.However, the increase in imports accompanied by the increase in port inventory, indicating that the demand from steel mills is not strong.
Although the weather was interrupted from Chile, and the Chinese copper trading giant Micco encountered liquidity difficulties, China's copper imports in August still increased.Copper is one of the few highlights in China's demand. The import volume from January to August this year increased by 8.1%year -on -year.At the same time, as China continued to expand its smelting capacity, the import volume of copper ore in August set a record.
In energy products, both crude oil and natural gas imports have double -month growth, but they are still lower than the same period last year.During the autumn national holidays, transportation fuel demand is usually increased, and refining companies have been supplemented with inventory.However, Chengdu Sealing and Control may be too concerned about the challenge facing the epidemic facing in the next few weeks.
Affected by the slowdown in economic slowdown and the rise in industrial production, natural gas imports have always performed weakly.However, the consulting company JLC expects that as China takes measures to ensure that winter heating is required, the import volume of LNG (LNG) is expected to recover in September.
In August, coal imports also increased, but the first eight months of this year still decreased by 15%year -on -year.Even in the summer, it encounters historic heat waves and power shortages, China's efforts to expand domestic coal production still inhibit overseas demand.
In August, soybean imports fell, and the import volume from January to August this year decreased by 8.6%year -on -year.However, the decline in international prices has promoted buyers to increase the purchase of ship loading goods before the peak season.At the same time, due to the impact of the epidemic on consumption, the amount of edible oil continued to decline, from January to August this year to 61%year -on -year.
