Japan April C2 exports up 4.1% from March; jump 61% year on year

14 June 2012 11:13  [Source: ICIS news]

TOKYO (ICIS)--Japan ’s ethylene (C2) exports in April increased to 54,590 tonnes, up by 4.1% from March, official data showed on Thursday.

On a year-on-year basis, its ethylene shipments grew 61%, according to the country’s Ministry of Economy, Trade and Industry (METI).

Japan’s ethylene-equivalent exports – which include ethylene contained in derivative products – at 156,500 tonnes in April were down 8.9% month on month but up 2.6% year on year, official statistics showed.

Among the exported ethylene derivatives, vinyl chloride monomer (VCM) recorded a 70% month-on-month increase to 39,975 tonnes in April. The volume was down by 52% compared with the same period last year, based on the data.

April exports of high-density polyethylene (HDPE) at 11,600 tonnes fell 38% month on month, and were 20% lower year on year.

Japan’s shipments of low-density polyethylene (LDPE) abroad totalled 14,564 tonnes in April, down 27% from March and also 6.3% lower than April 2011 levels, according to the METI. 

Its ethylene-equivalent imports in April increased 12% month on month to 56,800 tonnes, but were down 23% year on year, official data showed.

By: Tomomi Yokomura
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