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The Economic Times
The Economic Times
National

China's imports of major commodities show price remains key driver

LAUNCESTON, Australia, - China's trade in major commodities in May underscored that price moves are the primary driver of changes in flows in the world's biggest buyer of natural resources.

The headline-grabbing number from Monday's customs data was the collapse in crude oil imports to an eight-year low of just 7.79 million barrels per day (bpd).

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