Corrected: Japan's PS production rises 4% in October on strong exports

22 November 2011 07:57  [Source: ICIS news]

Correction: In the ICIS story headlined "Japan's PS production rises 4% in October on strong exports" dated 22 November, please read in the first paragraph ... production in October rose by 4% from the previous month to 49,847 tonnes ... instead of ... production rose by 4% to 49,847 tonnes in November from October .... A corrected story follows.

TOKYO (ICIS)--Japan’s polystyrene (PS) production in October rose by 4% from the previous month to 49,847 tonnes, reflecting robust exports, data from an industry association showed on Tuesday.

However, this was a 13% decrease from the corresponding period a year earlier, according to the Japan Styrene Industry Association (JSIA).

Domestic shipments of PS in October remained at the same level as that of September at 52,089 tonnes, down by 8% year on year, the data showed.

Exports increased by 11% month on month, but fell by 15% year on year, to 1,993 tonnes, the data showed. 

A total of 7,956 tonnes of PS were used for electrical and industrial purposes in October 2011, down by 27% from the same time a year earlier, according to JSIA.

Meanwhile, the country produced 206,304 tonnes of styrene monomer (SM) in October, up by 5% from the previous month but down by 21% year on year, the data showed.

Exports of SM in October fell by 21% month on month to 88,077 tonnes, a decline of 38% year on year, according to the association.

For more information on PS and SM, visit ICIS chemical intelligence

By: Tomomi Yokomura
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