China’s energy imports usually decreased at the beginning of the year 2025, after the standard cost of coal and gas last year led to a surplus in the supply, while oil demand continued to fall. Raw oil imports dropped by 5% year -on -year in January and February to 83.85 million tonnes, as buyers were forced to search for alternative sources after the United States sharpened the sanctions against Russian and Iranian consignments. The Chinese question is receiving special attention this year, after importing for the third time in 2024 during this decade, with the emphasis on how consumption is influenced by the transformation of China in the field of energy and changes in the economy. Metal imports have also seen a sharp decline. The data collects trading numbers in the first two months of the year to reduce the distortions due to the irregular timing of the new moon new year. China’s appetite for fuel, a decrease in industrial and moderate winter demand, has reduced China’s appetite for fuel used in electricity and heating. The import of natural gas fell by 7.7%, while imports of charcoal increased by 2.1%, but it remained much lower than the peak recorded in the second half of 2024. The coal market in China remains a large surplus of supply, which will affect the supplies received during the year. The demand for gas also takes off as a result of the slowdown in the economy and the availability of the cheapest alternatives. LNG imports, which make up more than half of foreign supplies, dropped to their lowest level in five years in February, according to “Kepler” data, where traders redirect consignments to take advantage of the high prices in Europe. Metal imports dropped for minerals, copper missions fell by 7.2% with poor demand and increased domestic production in China, while iron ore fell by 8.4% due to the disorders caused by hurricanes affecting the supplies from Australia. Last year’s standard imports of materials used in the steel industry may have registered the peak level, as shares in the ports are still large, while China’s plan to reduce steel production this year is expected to affect demand. Transformations in Chinese exports of exports, aluminum delusions continued to withdraw after China canceled the tax exemption that encouraged exports. While steel sales rose, they were much lower than the rate registered in the second half of the year, with the increasing trade measures against the flow of Chinese minerals in global markets.
China’s energy imports are dropping with increased supplies and poor demand
