China crude imports rise 18.6% year on year in February

12 March 2012 06:40  [Source: ICIS news]

SINGAPORE (ICIS)--China imported 23.6m tonnes of crude oil in February this year, an increase of 18.6% from the same period a year earlier, China Customs data showed over the weekend of 10-11 March.

Total crude imports in the first two months of this year rose by 12.7% year on year to 47m tonnes, according to the data.

Acrylonitrile-butadiene-styrene (ABS) resin imports increased by 19.7% year on year to 152,000 tonnes in February, while that of polyester chips rose by 73.5% to 17,000 tonnes, the data showed.

 

February 2012

January-February 2012

 

'000 tonnes

Year-on-year change (%)

'000 tonnes

Year-on-year change (%)

IMPORTS

Crude

23,640

18.6

47,040

12.7

Oil products

3,920

18.8

6,880

-3.8

Primary plastics

2,120

41.3

3,720

1.0

ABS resins

152

19.7

264

-11.8

Polyester chips

17

73.5

32

30.5

Natural rubber

150

50.0

290

12.8

Synthetic rubber

124

36.0

225

-2.6

EXPORTS

Crude

430

514.3

740

111.2

Oil products

2,140

18.2

4,000

1.4

Plastic products

408

11.9

1,092

1.6

Source: China Customs


By: Fanny Zhang
+65 6780 4359



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