China’s Jan petrochemical imports rise on stable domestic demand

27 February 2013 06:50  [Source: ICIS news]

SINGAPORE (ICIS)--China’s imports of many petrochemical products rose in January with some of them showing above 40% increase year on year on the back of stable domestic demand, according to data from China Custom on Wednesday.

Ethylene imports in January rose by 41% year on year and 10% month on month to 151,901 tonnes, while propylene increased by 42% year on year to 221,757 tonnes, the data showed.

China imported 243,697 tonnes of linear low density polyethylene (LLDPE) while exported 3,889 tonnes in January, an increase of 62% and 25% year on year respectively, according to the data.

Paraxylene (PX) import volume reached 680,902 tonnes in January, an increase of 52% year on year, official data showed.

Meanwhile, export volumes on some products also showed a significant increase in January as a result of plant shutdowns in overseas Asian market. (please see table below)

2013-Jan Import Export
Product Import (tonnes) YoY growth(%) MoM growth (%) Export (tonnes) YoY growth (%) MoM growth (%)
Ethylene 151,901 41% 10% 1 - -69%
Propylene 221,757 42% -4% 0 - -
HDPE 371,872 29% 7% 8,901 36% -9%
LDPE 152,437 30% 25% 3,650 -25% -18%
LLDPE 243,697 62% 5% 3,889 25% 14%
PP 385,957 37% 3% 8,984 -4% -3%
PVC 108,519 16% 25% 51,745 275% 51%
EPS 3,049 -9% -24% 18,669 -35% -5%
Benzene 47,702 6% -26% 1,741 -49% -60%
Toluene 38,552 -38% 3% 93 -37% -3%
PX 680,902 52% 7% 10,402 -27% 111%
SM 309,740 3% 6% 1 -70% 11%
PTA 258,254 -41% 2% 1,586 - -
MEG 716,277 1% 12% 2,186 692% 720%
ACN 44,588 11% -10% 0 - -
Capro 39,679 -39% 12% 3 -75% -70%
Phenol 28,198 -47% -11% 188 -82% -97%
Methanol 660,977 65% 23% 226 -97% -99%
Acetone 42,483 -26% -28% 33 -61% -25%
BPA 54,099 32% 15% 173 8550% 2416%
IPA 9,529 -11% 50% 1,061 1053% 10%
MEK 45 -97% -10% 3,692 -54% 148%
Base oil 191,940 23% 11% 1,870 -84% -56%
MMA 21,095 111% 27% 3,921 9% 4%
PMMA 17,382 35% -4% 1,530 167% -1%
GAA 2,353 -23% -43% 12,697 287% 13%
butyl-A 2,829 -1% -33% 2,323 273% 148%
2EHA 1,460 94% -38% 250 363% -60%
2-EH 35,861 14% 2% 226 -6% -19%
NBA 38,912 -31% 0% 31 -44% -71%
PA 10,902 -19% 78% 65 -55% 333%
DOP 8,589 46% 254% 944 320% -2%
Polysilicon 6,791 45% 1% 427 528% 75%


By: Dolly Wu
+65 6780 4359



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