Wednesday, November 11, 2009

China commodity data, Nov 11,2009

Today, There are many commodity data release from China , I summarize in the detail bellow.

  • China's crude oil import in October rose 19.7% (year on year) to 19.34 million tonnes or 4.55 million barrel per day up from September at 4.19 million barrel per day.
  • China's coal export in October up 1% from last month to 2.05 million tonnes. The export will steady in next two month, demand from Japan and Korea has improve but not increase sharply.
  • China's crude steel and iron ore output in October down from record in September. The monthly basis, crude steel output up 2% from September to 51.75 million tonnes but in daily basis, Oct output was 1.67 million tonnes/day down 1.2% from Sept at 1.69 million.
  • Cnina's power generation in Oct up 17.1% (year on year)
  • China's refinery crude oil increase 10.4% from last year to 33.29 million tonnes or 7.84 million barrels per day and up from Sept at 32.83 million tonnes or 7.84 million barrels per day.
  • China refined copper up 1.1% on the month to 399,300 tonnes in Oct.
  • China's aluminum production in October, up 4.4 % from last month and up 17.1% year on year to 1.26 million tonnes from opened new capacity on firm prices.

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