China Customs: China crude imports drop to the lowest in 6 months in July

According to the latest Chinese trade data published by the China Customs Department on Tuesday, imports for crude oil fell to a six-month low in July.  China imported 34.66 million tonnes of crude last month, versus 36.11 million tonnes in June.

China’s iron-ore imports also fell 85.74 million tonnes from 94.7 million tonnes seen in June, while copper imports held steady at 390,000 tonnes in July.