China October imports of most petrochemicals fall from September

26 November 2012 04:21  [Source: ICIS news]

Qingdao port in ChinaSINGAPORE (ICIS)--China’s import volumes of most petrochemical products in October decreased compared with the previous month, with significant declines seen in acetone, polysilicon and styrene monomer (SM), official data showed on Monday.

Acetone imports fell by 35% month on month to 37,821 tonnes, while China took in 34% less polysilicon at 5,738 tonnes from overseas, and cut its SM imports last month by 32% to 185,733 tonnes, data from China Customs showed. (Please see table below)

Domestic consumption of petrochemicals in China has been in doldrums amid the slowing global economy that is taking a toll on the country’s growth driver – exports.

China imported 134,411 tonnes of ethylene in October, a 9% drop from September but up 32% year on year, the data showed.

Among the petrochemical products that registered higher import volumes in October include benzene, methyl ethyl ketone (MEK) and butadiene (BD).

Benzene imports grew 91% month on month to 76,304 tonnes, while MEK volumes were up 69% to 178 tonnes and BD totalled 39,115 tonnes, up 46% from September, the data showed.

Imports of methanol also registered a 28% month-on-month increase to 472,959 tonnes, according to the data.

China petrochemical trade in October 2012

Oct-12

IMPORTS

EXPORTS

 

Product

Import

(tonnes)

YoY

growth

(%)

MoM

growth

(%)

Export

(tonnes)

YoY

growth

(%)

MoM

growth

(%)

 

Naphtha

224,426

5%

-11%

0

-14%

-

 

Ethylene

134,411

32%

-9%

1

-100%

-51%

 

Propylene

264,662

54%

17%

0

-

-100%

 

Butadiene

39,115

243%

46%

0

-100%

-100%

 

HDPE

402,013

51%

0%

8,261

4%

-25%

 

LDPE

146,365

19%

-8%

5,025

3%

-12%

 

LLDPE

181,429

-14%

-17%

4,884

50%

-18%

 

PP

314,509

14%

-19%

9,026

-6%

-8%

 

PVC

99,969

-9%

-3%

51,046

264%

-24%

 

EPS

4,386

-35%

-10%

16,582

-29%

-32%

 

Benzene

76,304

1836%

91%

8,822

208%

591%

 

Toluene

42,247

29%

-17%

47

-69%

-55%

 

PX

512,018

24%

-13%

52,966

82%

164%

 

SM

185,733

-42%

-32%

0

-100%

-100%

 

PTA

231,610

-41%

-29%

0

-

-100%

 

MEG

627,733

12%

-9%

143

-39%

-96%

 

ACN

58,481

33%

-1%

0

-

-

 

Caprolactam

49,400

2%

-17%

8

-

-98%

 

Phenol

40,845

-40%

-13%

716

221%

-47%

 

Methanol

472,959

-12%

28%

144

-75%

29%

 

Acetone

37,821

-43%

-35%

74

34%

340%

 

BPA

45,520

-12%

-15%

3

-99%

42757%

 

IPA

2,972

-78%

-26%

175

1068%

-69%

 

MEK

178

-93%

69%

10,081

138%

29%

 

Base oil

150,718

18%

-6%

1,245

-89%

-30%

 

MMA

23,124

162%

-28%

3,803

29%

-14%

 

PMMA

19,696

37%

-8%

2,178

298%

12%

 

GAA

3,186

-23%

-28%

4,273

15%

17%

 

butyl-A

4,179

19%

38%

922

66%

13%

 

2EHA

2,114

7%

-16%

884

439%

656%

 

2-EH

38,020

4%

24%

339

53%

13%

 

NBA

40,844

31%

-22%

1

-96%

-99%

 

PA

9,631

24%

-18%

13

-79%

-82%

 

DOP

7,424

156%

-25%

290

-77%

-56%

 

Polysilicon

5,738

26%

-34%

97

25%

1%

 

Source: China Customs

 

Read John Richardson and Malini Hariharan’s blog – Asian Chemical Connections


By: Viola Pan
+65 6780 4359



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