INSTANT VIEW — China's crude oil imports fall y/y in September, iron ore imports rise m/m

BENGALURU, Oct 14 (Reuters) — China's crude oil imports fell in September from a year earlier, while iron ore imports edged up month on month, customs data showed on Wednesday. China's export growth topped forecasts in September, with strong overseas demand helping offset weak consumer spending and easing pressure on policymakers to meet this year's growth target. Exports soared 36.3% from a year earlier in September, outstripping August's 25.0% rise and far exceeding expectations of 25.5% growth, customs data showed on Wednesday. September's growth was the fastest since February this year, when exports expanded 39.6%. Key Points: Soybeans: September imports at 11.88 mmt, down 7.69% y/y Crude oil: September imports at 37.10 mmt, down 21.48% y/y Unwrought copper: September imports at 461,000 mt, down 4.95% y/y Coal: September imports at 47.37 mmt, down 5.72% y/y Iron ore: September imports at 109.82 mmt, down 5.6% y/y; up 1.2% m/m Steel: September imports at 0.49 mmt, down 10.91% y/y Rare earths: September exports at 4,629.8 mt, up 6.74% y/y Preliminary table of commodity trade data Below are comments from analysts on the commodities data: Comment On Iron Ore Xie Qingwei, Analyst, S