China deciding strategy for doubling crude oil imports
China's government is deciding whether to double the amount of crude oil imported by smaller, independent refineries, in what could prove a key move toward expanding the country's import market, says research and consulting firm GlobalData.
Read more on Oil & Gas Financial Journal
Drought may see China use corn stockpile
Two million tonnes of corn that China imported in 2011 has recently been sold through government auctions, said Gale. That provides some indication of how much corn is on hand and why China is less than enthused to be importing more of the product.
Read more on Western Producer (subscription)