Home / Metal News / Customs: Price Rise of Bulk Stock Promotes Import and Export

Customs: Price Rise of Bulk Stock Promotes Import and Export

iconOct 13, 2017 13:34
Source:SMM
On Oct.13th, Huang SongPing, the press spokesman of the General Administration of Customs, said price rise of bulk stock promotes increase of import as well as export.

SHANGHAI, Oct. 13 (SMM)-On Oct.13th, Huang SongPing, the press spokesman of the General Administration of Customs, said price rise of bulk stock promotes increase of import as well as export. During first three quarters of this year, influenced by price rise of foreign bulk stock, the average price of imported iron ore in China rises 38.4%, crude oil rises 33%, copper rises 29.2% and coal rises 75.4%, which raises overall price of imported commodities in China by 10.6%. Price rise of imported goods has contributed 52.5% to total import value. Meanwhile, price rise of imported goods is conducted to export process, raising price of exported goods by 4.8%, which contributes 41.5% to total export value.


The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

customs
import
export

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All