China's July trade data reveals notable shifts in exports and imports across several key commodities. Alumina exports surged 56.4% year on year to 230,000 tons, while diesel exports rose 53.2% to 820,000 tons. Gasoline exports increased by 18.6% to 930,000 tons. Pipeline natural gas imports grew 4.8% to 5.2 million tons, but LNG imports declined 6.7% to 5.44 million tons. Aluminum imports, specifically unrolled aluminum and its products, jumped 38.2% year on year, marking a continued upward trend in the first seven months of 2025. Additionally, China's rare-earth product exports, including magnets, recovered to a six-month high in July, with volumes shipped overseas rising 69% to 6,422 tons. This recovery follows months after Beijing had restricted rare-earth supplies amid trade tensions with the United States, where China holds a near-monopoly on refining capacity, accounting for 90% of global rare-earth processing. The rare-earth export restrictions have caused supply chain concerns in sectors such as electric vehicles, defense, and electronics. Meanwhile, China's refined oil exports hit a 13-month high with a 7.1% year-on-year increase. Lithium carbonate futures prices in China also surged above 90,000 yuan per ton due to supply concerns. These developments occur amid ongoing US-China trade negotiations, where rare-earth export policies remain a focal point. Experts note that China's dominant position in rare-earths incentivizes other countries to seek alternative sources and technologies. The evolving trade dynamics underline China's expanding influence in global commodity markets and the strategic importance of rare-earth elements.
#China's #Lithium Carbonate Futures Surge Again on Supply Concerns, Prices Top 90,000 Yuan per Ton https://t.co/V7q2mYgNBT
As China continues to outpace the U.S. in manufacturing R&D growth, new strategies are needed to bridge the gap between American invention and commercialization. https://t.co/gdKCt9DIj3
米中の関税交渉で、レアアースの輸出規制が焦点になっています。 アメリカは規制緩和を求めていますが、中国は応じるのでしょうか。 そもそも、レアアース精錬能力の90%が中国にありますが、独占はなぜ生じているのでしょうか。 https://t.co/Lxz9JK8b2s https://t.co/dmnR9Q1KyC