China’s crude imports from Russia fell in August compared with a year earlier, representing the first annual decline in months, according to official Chinese customs data cited by South China Morning Post. However, there is nuance in the data detail, with shipping trackers via S&P Global showing seaborne flows from Russia to China actually rising compared with July. Figures reported by the SCMP, citing Chinese customs, show imports from Russia were down around 15% year-on-year in August. The drop came as China boosted purchases from other…
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