Japan's ethylene exports up by 5.3% month on month in March
27 April 2012 12:32 [Source: ICIS news]
TOKYO (ICIS)--?xml:namespace>Japan’s exports of ethylene rose by 5.3% to 52,449 tonnes in March compared with the previous month, according to official data from the Ministry of Economy, Trade and Industry (METI) released on Friday.
This was a 25% increase over the same period a year earlier, according to METI.
Japan’s ethylene-equivalent exports – which include ethylene contained in derivative products – rose 5.1% month on month to 171,900 tonnes in March, but showed a fall of 18% from the March 2011 figure, the statistics showed.
Among these derivative products, exports of low-density polyethylene (LDPE) increased 40% to 19,955 tonnes in March from the previous month, but were down by 7.5% compared with the same month in 2011, according to METI.
However, exports of high-density polyethylene (HDPE) rose 12% to 19,512 tonnes in March from February, and had also increased 12% from the year-before period, based on the official data.
Japan’s ethylene equivalent imports rose 3.7% month on month to 51,000 tonnes and were also up 4.5% year on year, the data showed.
By: Tomomi Yokomura+65 6780 4359
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