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China slashes SBS imports, exports by 44.6%, 24.2% MoM separately in July

Source: Mysteel Aug 25, 2026 11:13
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China's SBS imports shrank sharply by 44.6% MoM in July, and exports also waned by 24.2% MoM, against the backdrop of geopolitical tensions, volatile crude oil market and rising shipping costs.
China's SBS imports and exports both fell notably in July 2026, as geopolitical tensions and volatile crude oil prices disrupted trading, and rising shipping costs squeezed margins.   Imports Shrink Sharply, Russia Remains Dominant Source   2024-2025 China SBS Imports (Unit: tonnes) Source: GACC, OilChem   According to the General Administration of the PRC (GACC), July's

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