December 21 – China imported aviation fuel at an average price of ¥7,380/ton in November, up 0.8% from the previous month, according to a tracking system operated by the official Xinhua News Agency.
December 21 – China's stockpiles of commercial crude oil declined 1.3% in November from October, according to China Oil, Gas & Petrochemicals magazine. Stockpiles of refined oil were up 3.6% from a month earlier in November.
December 21 – China's sugar imports totaled 420,000 tons in November and 2.42 million tons between January and November, according to the China Customs Statistics Information Center.
December 20 – China's crude steel output will rise 6.9% to 680 million tons this year, the China Iron & Steel Association predicted.
December 20 – Argentina has overtaken the US as China's second largest source of soybean oil imports, according to Argentina's agriculture authority. China bought 298,500 tons of soybean oil valued at $326 million from the South American nation in the first 10 months of 2011, up 93% and 139% respectively from the same period a year ago despite China's overall soybean oil imports going down 8.8% during the period. China is Argentina's largest export market for soybean oil.
December 19 – China will likely cut its rare earth export quota next year amid slack global recovery and the unused quotas from this year, according to Jin Baisong, vice director of the Chinese Academy of International Trade and Economic Cooperation's foreign trade department.
December 19 – Nonferrous metal prices in China will fall in 2012 from 2011, Avic Securities predicted.
December 19 – China's iron ore imports will total 660 million tons this year and 720 million tons next year, Mysteel.com analyst Ni Xianjuan predicted. Domestic iron ore production is tipped to grow 8% to 1.4 billion tons in 2012.
$1 = ¥6.34
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