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China 2020 crude oil imports rise to 542.39 mln tonnes

By Reuters Staff 1 Min Read BEIJING, Jan 14 (Reuters) - China’s 2020 crude oil imports totalled 542.39 million tonnes, according to data from the General Administration of Customs on Thursday. * China 2020 natural gas imports at 101.66 million tonnes - customs * China 2020 refined oil products exports at 61.83 million tonnes - customs * China 2020 soybean imports at 100.33 million tonnes - customs * China 2020 meat imports at 9.91 million tonnes- customs * China 2020 iron ore imports at 1.17 ...
Kim Coghill Thomson Reuters Trust Principles Energy Team Administration Of Customs On General Administration China Commodities

UPDATE 1-China 2020 meat imports close to 10 mln tonnes, up 60% on year - customs

(Adds chart) BEIJING, Jan 14 (Reuters) - China imported 9.91 million tonnes of meat in 2020, customs data showed on Thursday, as the world’s biggest consumer of meat stocked up on proteins after a further plunge in its pork output. Shipments were up 60.4% on the year before and came after China’s output of pork, its staple meat, slumped 19% in the first half. That followed an even bigger drop during 2019 when the fatal pig disease African swine fever ravaged its vast hog herd. China’s Gen...
Dominique Patton Richard Pullin Thomson Reuters Trust Principles Administration Of Customs General Administration Lunar New

China to ramp up derivative market development, sec regulator says

By Reuters Staff 2 Min Read SHANGHAI, Dec 19 (Reuters) - China will accelerate the rollout of futures and options for natural gas, refined oil and peanuts to help price discovery, a senior securities regulator said on Saturday. Fang Xinghai, vice chairman of the China Securities Regulatory Commission, also told a forum in Shenzhen that the country’s planned expansion of its capital markets would require a more sophisticated financial derivative market. “Currently, China’s financial future...
Fang Xinghai Shri Navaratnam Samuel Shen Thomson Reuters Trust Principles China Securities Regulatory Commission Shanghai Petroleum

China's live hog futures tumble on expectations of more supply

By Reuters Staff 2 Min Read BEIJING, Jan 11 (Reuters) - China’s newly launched live hog futures tumbled to reach limit down on their second day of trading on the Dalian Commodity Exchange on expectations that the hog herd size will increase as new farms start up. The front-month September contract closed 8% down at 26,030 yuan/tonne ($4,019.95) on Monday, after falling nearly 13% on its debut on Friday. “The live hog prices are relatively high, and it is the industry consensus to go short o...
United States Christian Schmollinger Wang Xiaoyang Dominique Patton Hallie Gu Thomson Reuters Trust Principles

UPDATE 3-China's hog futures slump over 12% on debut, higher supplies loom

* Increasing pork output, weak demand to pressure prices - analysts * High margin requirements to reduce contract’s initial hedging use - consultant (Updates with closing prices, comment, charts) SHANGHAI/BEIJING, Jan 8 (Reuters) - China’s live hog futures tumbled in their debut on the Dalian Commodity Exchange, with analysts attributing the sell-off to the contract’s high listing price and expectations of increasing supplies. The front-month September contract closed 12.6% lower at 28,29...
Wang Dan United States Ili Qing Dominique Patton Jacqueline Wong Jim Huang

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UPDATE 2-China's Dalian live hog futures slump 10% on debut

* Increasing pork output, weak demand to pressure prices - analysts * High margin requirements to reduce contract’s initial hedging use - consultant (Updates with closing prices, comment, charts) SHANGHAI/BEIJING, Jan 8 (Reuters) - China’s live hog futures tumbled in their debut on the Dalian Commodity Exchange, with analysts attributing the sell-off to the contract’s high listing price and expectations of increasing supplies. The front-month September contract closed 12.6% lower at 28,29...
Wang Dan United States Ili Qing Dominique Patton Jacqueline Wong Emily Chow

Top five China commodities to eye for growth in 2021

4 Min Read SHANGHAI (Reuters) - A China-led economic recovery should boost demand for these commodities in 2021 after COVID-19 roiled global markets in 2020. FILE PHOTO: Trucks are seen at a copper mine of Jiangxi Copper in Dexing, Jiangxi province, China December 16, 2015. REUTERS/Stringer COPPER Iron ore and steel outperformed in 2020 thanks to booming Chinese construction and manufacturing demand, but base metals are set to lead all metals in 2021 as vaccine rollouts spur a global economic ...
Dong Hao Christian Schmollinger Howie Lee Darin Friedrichs Emily Chow Thomson Reuters Trust Principles

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