22 November 2010 11:41 [Source: ICIS news]
The increase was partly due to robust demand for SM in
October exports were up 14% compared with the same month in 2009, the association said.
Production of SM in October rose 20% month on month to 260,367 tonnes, reflecting higher exports and because most maintenance shutdowns of SM plants in
Production in October 2010 was 9% up compared with the same month in 2009, the association said.
Domestic shipments of SM in October 2010 were at the same level as the month before, at 123,647 tonnes, up 2% year on year.
Among domestic shipments, 50,503 tonnes of SM were used in the production of general purpose polystyrene (GPPS) and high impact polystyrene (HIPS), down 5% year on year, the association said.
Production of PS was down 2% month on month to 56,991 tonnes, although this was a 2% increase year on year, the association said.
Domestic shipments of PS declined 3% to 56,328 tonnes in October from September. This was a 2% increase compared with the same period in 2009.
Among domestic shipments, 10,899 tonnes of PS were used for electric and industrial applications, down 5% from the same period in 2009.
This reflected a decline in demand for office equipment, the official said.
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