China’s September crude imports decrease 1.8% year on year

15 October 2012 07:37  [Source: ICIS news]

SINGAPORE (ICIS)--China’s crude imports have declined by 1.8% year on year to 20.1m tonnes in September, but increased by 9.1% from August, according to official data released by the country’s customs administrator over the weekend.

Total crude imports in the first three quarters of this year increased 6.4% year on year to 200.4m tonnes, figures from China Customs showed.

The September imports of acrylonitrile-butadiene-styrene (ABS) resins rose by 3.9% year on year to 152,890 tonnes, while the imports of polyester chips dropped by 26.4% to 14,854 tonnes.

In foreign trade, China’s total exports reached $186.4bn, while imports were $158.7bn in September, up by 9.9% and 2.4% year-on-year respectively.

China’s September trade surplus widened to $27.7bn from $26.7bn in August, the customs administrator said.

 

September 2012

Jan-Sept 2012

 

'000 tonnes

chg % (y-o-y)

'000 tonnes

chg % (y-o-y)

Imports

 

 

 

 

Crude

20,080

-1.8

   200,380

6.4

Oil products

3,420

23.9

28,970

-4.4

Primary shape plastics

2,270

9.7

17,690

3.2

ABS resins

153

3.9

1,273

-11.3

Polyester chips

15

-26.4

144

-2.8

Natural rubber

210

-8.7

    1,580

9.6

Synthetic rubber

122

-1.6

1,071

-1.8

 

Exports

 

 

 

 

Crude

200

-39.4

1,880

-3.4

Oil products

2, 060

-7.6

17,800

-9.8

Plastic products

782

13.6

6,331

7.8

Source: China Customs


By: Fanny Zhang
+65 6780 4359



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