China’s crude imports rise 3.7% in April

08 May 2013 07:25  [Source: ICIS news]

SINGAPORE (ICIS)--China imported 23.1m tonnes of crude in April, an increase of 3.7% from the same month in 2012 and a slight 0.1% rise from March this year, preliminary customs data showed on Wednesday.

However, total crude imports in January-April decreased by 0.9% year on year, data from China Customs showed.

April’s imports of acrylonitrile-butadiene-styrene (ABS) resins grew by 7.6% year on year to 131,463 tonnes, and that of polyester chips increased by 22.1% to 18,387 tonnes, according to the data.

Rubber imports also posted an increase.

Its imports of natural rubber were at 230,000 tonnes in April, up by 35.3% year on year. Synthetic rubber imports rose by 10.2% to 130,215 tonnes in April.

Overall, the country posted a trade surplus of $18.2bn (€13.8 bn) in April, reversing the $884m deficit in March.

 

Apr 2013

Jan-Apr 2013

 

'000 tonnes

chg % (yoy)

'000 tonnes

chg % (yoy)

imports

 

 

 

 

crude

23,080

3.7

92,050

-0.9

oil products

3,890

29.2

14,320

3.6

primary shape plastics

1,820

5.8

7,490

0.3

ABS resins

131

7.6

485

-9.0

polyester chips

18

22.1

60

-5.6

natural rubber

230

35.3

860

32.7

synthetic rubber

130

10.2

524

9.6

exports

crude

80

60.0

730

-26.9

oil products

2,670

61.8

9,960

29.1

plastic products

768

6.9

2,696

6.6

($1 = €0.76)


By: Fanny Zhang
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly