Japan's PS production in May down 14% month on month

19 June 2012 09:39  [Source: ICIS news]

TOKYO (ICIS)--Japan’s production of polystyrene (PS) fell by 14% to 52,113 tonnes in May from the previous month, reflecting decreased internal demand and exports, official data from the Japan Styrene Industry Association (JSIA) showed on Tuesday.

This was a 24% decline from the same time a year earlier, according to the JSIA.

Domestic shipments of PS declined by 3% month on month and fell by 13% year on year to 50,062 tonnes in May, while exports were down by 1% month on month and decreased by 18% year on year at 1,576 tonnes, the data showed.

Meanwhile, the output of styrene monomer (SM) rose by 11% to 189,154 tonnes in May from the previous month, but declined by 15% from May 2011, according to the JSIA.

Domestic shipments of SM were at 115,738 tonnes in May, down by 5% from April and down by 17% year on year, based on the data.

Exports of SM were at 76,487 tonnes in May, up by 27% from April, but down by 15% from the same period a year ago, according to the association.

 


By: Tomomi Yokomura
+65 6780 4359



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