General Administration of Customs: Iron ore, crude oil, and coal import prices fell while natural gas and soybean import prices rose in the first 7 months

On August 8, the General Administration of Customs data show that in the first 7 months of 2023, China imported 669 million mt of iron ore, an increase of 6.9%, the average import price (the same below) 785.6 yuan per mt, down 5.1%; 326 million mt of crude oil, up 12.4%, 3,977.2 yuan per mt, down 16.6%; 261 million mt of coal, up 88.6%, 838.1 yuan per mt, down 19.7%; Refined oil was 27.013 million mt, up 101.9% to 3,912.2 yuan per mt, down 26.7%. Imports of natural gas reached 66.876 million mt, up 7.6%, or 3,818.7 yuan per mt, up 0.6%; Soybeans were 62.303 million mt, up 15%, or 4,334.6 yuan per mt, up 1.3%. In the same period, the import of mechanical and electrical products was 3.53 trillion yuan, down 10.6%. Among them, there were 270.17 billion integrated circuits, a decrease of 16.8%, with a value of 1.32 trillion yuan, a decrease of 16.2%; The number of automobiles was 412,000, down 20.1%, with a value of 176.31 billion yuan, down 16%.