Monthly Archives: April 2015

China’s biggest private refiner eyes crude import quota in Q3

China’s Shandong Dongming Petrochemical Group expects to get approval in the third quarter to start importing crude, which would allow the country’s largest independent refiner to operate its refinery at full capacity, its chairman told Reuters. Read Full at http://www.hellenicshippingnews.com/chinas-biggest-private-refiner-eyes-crude-import-quota-in-q3/

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Gold Flows East – China, India Import Massive Quantities of Gold from Switzerland

Singapore, India and China continue to import staggering volumes of gold from the West Read Full at http://news.goldseek.com/GoldSeek/1430139738.php

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Philippines replaces Indonesia to be China’s top nickel trader

The Philippines has replaced Indonesia as the biggest nickel ore exporter to China in 2015, as the result of an export ban on unprocessed nickel ore imposed in Indonesia. Read Full at http://www.ihsmaritime360.com/article/17645/philippines-replaces-indonesia-to-be-china-s-top-nickel-trader

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Chinese-made machine imports soar

Vietnam spent US$7.05 billion buying equipment, machines and spare parts from foreign countries in January-March, up 47.7% year-on-year. Of the amount, Chinese-made items accounted for US$2.27 billion, 45.8% higher than the same period last year. Read Full at http://english.vietnamnet.vn/fms/business/129158/chinese-made-machine-imports-soar.html

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Private firms in China given permission to import oil

The government will grant the oil-import franchise to around 10 firms this year, revealed Pang Guanglian, secretary general of the committee for international exchanges and foreign enterprises of China Petroleum and Chemical Industry Federation, according to Shanghai Securities News. Read … Continue reading

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China could be self sufficient in grain by 2024, say officials

An official report has predicted that China will develop its own “rice bowl” to remain close to self sufficiency in the main crops at a time of great food uncertainty around the world. Read Full at http://www.foodnavigator-asia.com/Markets/China-could-be-self-sufficient-in-grain-by-2024-say-officials

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Soybean imports to jump by 2024

An official report on Monday showed that China, the world’s largest soybean importer, is forecast to import 82.66 million metric tons of soybeans by 2024, up 15.8 percent from 2014. At the same time, consumption of soybeans will rise 12.7 … Continue reading

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