07 February 2012 11:54 [Source: ICIS news]
TOKYO (ICIS)--Japan’s exports of ethylene (C2) in December 2011 fell 25.1% month on month to 48,209 tonnes, but increased 23.9% year on year, official data from the Ministry of Economy, Trade and Industry (METI) showed on Tuesday.
The country’s exports of ethylene equivalent in December – which includes ethylene contained in derivative products – fell 12.5% from November and dropped 19.6% compared with December 2010 to 172,900 tonnes, according to METI.
Among these derivative products, Japan’s exports of low density polyethylene (LDPE) rose 2.2% month on month, but fell 45.7% year on year, to 12,896 tonnes in December.
December exports of high density polyethylene (HDPE) fell 2.1% from the previous month, and also decreased 18.9% from December 2010, to 16,678 tonnes.
Meanwhile, the country’s ethylene equivalent imports were down 25.3% to 39,500 tonnes in December from November, and decreased 21.6% from December 2010, the METI data showed.
Imports of LDPE fell 15.1% month on month to 19,730 tonnes in December, decreasing 2.8% year on year.
The country’s December imports of HDPE were down 20.1% from the previous month to 7,179 tonnes, but more than doubled compared with December 2010.
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