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☆ U.S. goods trade deficit narrows in August as imports fall
  + stars: | 2022-09-28 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +3 min
The economy could also get a lift from big gains in wholesale and retail inventories last month. Register now for FREE unlimited access to Reuters.com RegisterThe goods trade deficit contracted 3.2% to $87.3 billion last month, the smallest since October 2021. Imports of capital goods dropped 1.8%, while those of consumer goods slipped 0.2%. There were, however, increases in imports of food, motor vehicles and other goods, which boosted retail inventories. Goods exports fell $1.7 billion to $179.8 billion.
☆ Column: Copper price slump brings Chinese buyers out in force
  + stars: | 2022-09-27 | by ( Andy Home | Thomson Reuters | Senior Metals Columnist Who Previously Covered Industrial Metals Markets For Metals Week | ) www.reuters.com   time to read: +6 min
REUTERS/Kham/File PhotoLONDON, Sept 27 (Reuters) - While the rest of the world worries about recession, China is steadily increasing its imports of physical copper. The country's net call on refined copper from the rest of the world was up by 9.8% in the first eight months of the year. China's imports of copper scrapSCRAP AND CONCENTRATES IMPORTS UPThe restocking momentum is also travelling down copper raw materials import channels. GREEN DEMAND DRIVERChina's copper import hunger appears unsated. The sign-posting of more government investment in decarbonisation is a major reason for China's copper buyers to feel confident about restocking physical units at current price levels.
☆ Factbox: How much crude oil does the EU still import from Russia?
  + stars: | 2022-06-01 | by ( ) www.reuters.com   time to read: +3 min
Outside the EU, Russia's top crude oil export markets are China, India and Turkey. Some Russian oil will continue to flow into the EU via pipelines as the ban excludes some landlocked refineries. read moreHOW MUCH DOES THE EU DEPEND ON RUSSIAN CRUDE IMPORTS? Russian oil exports by destinationGermany, the Netherlands and Poland were the top importers of Russian oil in Europe last year, but all three have capacity to bring in seaborne crude. Russian crude oil flows, based on loading data in August, rose month-on-month to Italy and the Netherlands, where Russian oil major Lukoil owns refineries, according to the IEA.
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