China’s Imports of Key Commodities Set to Make a Patchy Recovery on Growing Mobility 

China’s imports of key commodities probably improved in patches last month, after demand was battered earlier in the quarter by shutdowns in Shanghai and elsewhere in the country.

Greater mobility among the population may have seen crude oil imports edge higher, but coal and gas purchases are likely to have stayed weak, capped by surging international prices and elevated domestic production. Imports of farm goods probably benefited from a sharp retreat in global prices.