China’s resurgent commodity imports are a boon for producers around the world. The flood of exports is less so. While total imports shrank in yuan terms, the world’s biggest consumer of energy, metals and grains bought more iron ore, crude oil and copper in September amid sliding prices, customs data showed Tuesday. The challenge for the world’s commodities markets is that was accompanied by record exports of steel, the most shipments of oil products since 2009 and higher aluminum sales, even as total overseas sales slid. The latest batch of trade data shows how China is making the most of the collapse in commodity prices to keep its metals plants and oil refineries running amid slowing domestic demand. The flood of cheap exports are threatening mills from India to Pennsylvania, aggravating trade disputes and worsening a glut of diesel extending from Singapore to Europe. “The increase in imports doesn’t […]