China's June 2026 commodity trade data reveals strong bulk import volumes, particularly in iron ore and coal, offset by significant weakness in crude oil imports.
Key Takeaways
- 1.China's commodity imports showed mixed performance in June with strong bulk imports contrasted against weak energy import volumes.
- 2.Iron ore imports surged to 112.7 million tonnes, the highest in several months, driven by inventory restocking by steel mills.
- 3.Crude oil imports declined by 41.3% y/y due to poor refining economics and refinery throughput constraints.
Table of Contents
- Charts
- Data
- China's energy trade data
- Important Notice
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Authors
Daniel HynesSoni Kumari
Themes
Energy Trade DisruptionInventory RestockingSmelter Demand Resilience
Regions
Asia PacificChinaAustraliaBrazil
