Japan May ethylene exports down 31% from April, up 43% year on year

03 July 2012 13:01  [Source: ICIS news]

TOKYO (ICIS)-- Japan’s ethylene exports in May decreased to 37,967 tonnes, down by 31% from April, official data from the Ministry of Economy, Trade and Industry (METI) showed on Tuesday.

This was a 43% increase from the same time a year earlier, according to METI.

Japan’s ethylene-equivalent exports – which include ethylene contained in derivative products – were down by 24% month on month at 118,800 tonnes, a fall of 16% year on year, the data showed.

Among the exported ethylene derivatives, low density polyethylene (LDPE) recorded a 34% month on month decrease to 9,672 tonnes. This was a 23% year-on-year decrease, the statistics showed.

Exports of high density polyethylene (HDPE) were up by 57% to 18,258 tonnes in May from April, and increased by 72% from May 2011, according to METI.

Japan’s ethylene-equivalent imports rose 58% month on month to 89,800 tonnes in May, and decreased by 6.6% year on year, the METI data showed.

By: Tomomi Yokomura
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