Chinese Preliminary August Trade Data
Coal, Grain, Iron Ore, Steel
Chinese imports of iron ore rose 5.5 Mt year-on-year in August to a 19-month high of 94.5 Mt, preliminary customs data reveal, while total coal imports climbed 4.3 Mt to 33.0 Mt. Meanwhile, inbound shipments of soyabeans reached their highest level since May 2018, edging up 0.3 Mt on an annual basis to reach 9.5 Mt.
China’s steel exports fell for a fifth successive month, down 0.9 Mt year-on-year to 5.0 Mt.