The Archive · 1936

CHINA'S FOREIGN TRADE IN MARCH

Increased Volume of Imports and More Exports The volume during March trade for Chin increased over the 49} Volume in February according to the of the Chinese Maritime Customs.

The total of merchandise imported was the highest this year while the total "of exports surpassed the February total but did: not approach the January total of exports which Jout-lopped imports for the first time years, No bullion was exported @uring March from China' but large values of both gold and silver were imported.

The following tables give the totals fu detail with comparisons showing the trends in imports and exports of both merchandise and bullion, It should be noted that the volume of imports of merchandise for the January-March period for China this year is much below that of for the same period last year but that the volume of exports this year already much exceeds that of last year for the same period. "Likewise silver and gold imports exceed last. year's but that the January export of silver this year by far exceeds that of Inst year and almost equals the value of gold exported in the same period last year. The figures are as follows:

Merchandise Shipments Nev Inevorrs Nev Exronrs 3 fet ihat prices, were lower {i3s, when "compared with those {sing during' the previous" period, any demand for the raw federal was. discernible. from éon-fumers due to lack of demand for mufacturers" output, he bull spe-fore having taken up around 90,~ shih-tan of April cotton are now ising their best efforts to dle of same. to actual consumers for at sacrfielal rates, It is rum fared that. negotiations are now in jewess with Japanese. exporters for female of 80.000 ahihetan of Tientsin euch colton which "were taken up is'month In the Exchange and that tier cotton, is being offered at about fetelow market "prices. Such an fed dent ts due to holders despairing exposing. auch "a. large quantity rough cotton. to local consumers policy on the. part of the bulls spaently" signifies "that they have een successful in their operations ind generates. a. certain, degree of fowbuiness as to. their faking up fiir contracts for Muy deliveries. In morntime. other. bulls outside syndicate are gradually liquidate og their positions, 'The beers. who mostly cotton' merchants. being ful ly thei bearish few are. knocking pre "However, prices in the inter for desirable' grades continue firn it Is expected that arrivals will tang off dally. Although prices Indian cotton "receded about $2 ten compared" with. the' highest ling during. the previous period, ertheloss the Fates continue 10 der than. that "current on. the Yam: The demand from actual suming centres stil continues clow normal and the outlook, at moment, not Being of an. encour ting aspect prices during. the. past

bale desined between "$5 and Mond Wheat Markets have dectin: 'a improved weather in America. There is no business in foreign at to China notwithstanding the sine of prices, Owing to the' favourable reports the wrowiag native crop, prices the Shanghai Flour Market have considerably in the last few and this factor lis deterred ets from operating.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account