China’s major commodity imports ease, except for iron ore


A coil of copper rod in a factory. — Reuters

CHINA’s imports of major commodities were largely soft in October as high prices weighed on volumes, with iron ore’s resilience bucking the trend despite the steel sector showing signs of pressure.

Crude oil, natural gas, copper and coal all showed declines from September, according to data released last Friday by the General Administration of Customs.

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