General Administration of Customs: The import prices of major bulk commodities such as iron ore, crude oil, coal, and natural gas have fallen in the first 7 months.

According to the General Administration of Customs, in the first 7 months, the import prices of major bulk commodities such as iron ore, crude oil, coal, and natural gas have decreased, while the import value of mechanical and electrical products has increased. In the first 7 months, China imported 697 million tons of iron ore, a 2.3% decrease year on year, with the average import price falling by 15%; 327 million tons of crude oil, an increase of 2.8%, with the average price falling by 12.7%; 257 million tons of coal, a 13% decrease, with the average price falling by 24%; 70.144 million tons of natural gas, a 6.9% decrease, with the average price falling by 6.7%; 61.035 million tons of soybeans, an increase of 4.6%, with the average price falling by 12.5%; 23.391 million tons of refined oil, a decrease of 16.6%, with the average price falling by 4%. In addition, 15.923 million tons of primary shaped plastic were imported, a decrease of 5%, with the average price falling by 0.5%; 3.113 million tons of unrolled copper and copper materials were imported, a decrease of 2.6%, with the average price rising by 4.9%. During the same period, imports of mechanical and electrical products reached 4.09 trillion yuan, an increase of 5.8%.