Corrected: China's imports of most petrochemical products rise in September

26 October 2012 05:18  [Source: ICIS news]

Correction: In the ICIS news story headlined "China's imports of most petrochemical products rise in September" dated 26 October 2012, in the table provided, please read in the box on naphtha exports for September ... 0 ... instead of ... 240,366 ....; and .... -100%... instead of ...110%....A corrected story follows.

SINGAPORE (ICIS)--China’s import volumes of most petrochemical products has continued rising in September, with significant increases seen in imports of benzene, dioctyl phthalate (DOP) and naphtha, official data from China Customs showed on Friday.

Imports of benzene tripled to 40,045 tonnes, while imports of DOP and naphtha doubled to 9,872 tonnes and 252,125 tonnes month on month respectively, according to data from China Customs (See table below).

The import volumes of benzene have risen sharply, because of tight domestic supply arising from the shutdowns of some benzene plants in August and September, a market source said.

Naphtha imports rose in September, because the supply of domestic feedstock naphtha tightened as well, the source added.

China imported 147,302 tonnes of ethylene in September, a 16% rise from August and a year-on-year increase of 85%, China Customs data showed.

However, import volumes of petrochemicals such as toluene, butadiene (BD) and isopropanol (IPA) declined in September, the data found.

Toluene imports fell by 29% month on month, but rose by 6% year on year to 51,057 tonnes in September. BD imports fell to 26,804 tonnes in September, a 19% decrease month on month.

China imported 4,007 tonnes of IPA in September, down by 60% year on year and a 18% drop from August. Import volumes for polyvinyl chloride (PVC) were at 102,666 tonnes, a 16% month-on-month decrease, data showed.

Table: China’s petrochemical imports and exports in September 2012

Sept-12

IMPORTS

EXPORTS

Product

Import (tonnes)

YoY growth (%)

MoM growth (%)

Export (tonnes)

YoY growth (%)

MoM growth (%)

Naphtha

252,125

46%

113%

0

-100%

-

Ethylene

147,302

85%

16%

1

-

624%

Propylene

226,569

58%

38%

2

-79%

-

Butadiene

26,804

205%

-19%

2,959

-67%

-34%

HDPE

402,013

28%

-4%

11,032

-1%

1%

LDPE

159,870

-4%

3%

5,694

-10%

40%

LLDPE

219,796

-9%

-10%

5,983

90%

17%

PP

389,043

24%

-2%

9,852

-38%

-16%

PVC

102,666

-11%

-16%

67,331

353%

62%

EPS

4,874

-34%

4%

24,240

1%

-9%

Benzene

40,045

351%

233%

1,276

-86%

-81%

Toluene

51,057

6%

-29%

105

-97%

-45%

PX

591,202

13%

27%

20,074

-19%

-

SM

274,851

-15%

6%

4

-100%

-100%

PTA

325,372

-37%

0%

5,038

-

69%

MEG

691,152

-1%

5%

3,185

972%

971%

ACN

59,006

15%

41%

0

-

-

Caprolactam

59,340

2%

-6%

526

5160%

3137%

Phenol

47,128

-30%

18%

1,344

1100%

180%

Methanol

368,803

-3%

-13%

112

-98%

-39%

Acetone

57,996

-13%

5%

17

-71%

-85%

BPA

53,836

-12%

20%

0

-100%

-99%

IPA

4,007

-60%

-18%

561

584%

-14%

MEK

106

-63%

-84%

7,798

76%

30%

Base oil

159,775

34%

24%

1,780

-85%

-47%

MMA

32,219

128%

82%

4,410

19%

9%

PMMA

21,428

35%

9%

1,950

42%

1%

GAA

4,445

-41%

68%

3,649

4%

-3%

butyl-A

3,026

-58%

7%

818

-55%

-56%

2EHA

2,506

104%

-4%

117

-30%

-79%

2-EH

30,711

-1%

6%

301

50%

-8%

NBA

52,219

50%

53%

118

107%

160%

PA

11,786

75%

65%

68

-76%

280%

DOP

9,872

200%

159%

654

-1%

25%

Polysilicon

8,720

35%

13%

95

10%

-43%

Source: China Customs

 

 

 

 

 


By: Viola Pan
+65 6780 4359



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