the trade data recovery in base metals consumption is expected to pick up

july 10, general administration of customs released trade data show that since the beginning of this year, the overall trade import and export of goods in china to maintain steady growth in china's june trade surplus-than-expected expansion, showing low stabilization trend.today announced the customs statistics show that foreign trade import and export value of $ 1.83984 trillion, an increase of 8% in the first half of this year.which exports $ 954.38 billion, an increase of 9.2%; imports 885.46 billion u.s. dollars, an increase of 6.7%; trade surplus of $ 68.92 billion, expanding 56.4 percent.in june, the total import and export value of 328.69 billion u.s. dollars, a year-on-year growth of 9%.which exports $ 180.21 billion, an increase of 11.3%; imports 148.48 billion u.s. dollars, an increase of 6.3%; trade surplus of $ 31.73 billion, expanding 42.9 percent.although china's foreign trade faces more complicated and grim situation, but china's economic stability growth and promote the effect of a series of policies and measures to expand imports of foreign trade will gradually release, if the world economic situation, in particular the european debt crisis no longer continue to deteriorate, chinaforeign trade is expected to gradually pick up.none sustained recovery of china's trade data is an important guarantee for the consumption of base metals, base metals consumption is expected to pick up in easing stimulus expected global quantitative easing policy stimulus, the recent metal is expected to usher in a certain level of rebound.site for information purposes only and does not constitute investment advice.investors operate your own risk.

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