Japan's naphtha imports fall 9.8% in December

25 January 2012 10:49  [Source: ICIS news]

TOKYO (ICIS)--Japan’s imports of naphtha for ethylene production fell 9.8% to 1.11m tonnes in December 2011 from the previous month, official data from the Ministry of Economy, Trade and Industry (METI) showed on Wednesday.

This amounted to $997.6m (€768.2m) in value, which is a 12% fall from $1.13bn in November, according to the data.

The average price of naphtha was $897.8/tonne in December, a 2.8% decrease from the previous month.

Meanwhile, Japan’s production of ethylene decreased 5.8% to 524,300 tonnes in December from November, according to the Japan Petrochemical Industry Association (JPCA).

($1 = €0.77)

For more on ethylene visit ICIS chemical intelligence

By: Tomomi Yokomura
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly