China imports of most petrochemicals rise in April

27 May 2013 09:36  [Source: ICIS news]

SINGAPORE (ICIS)--China’s imports of most petrochemical products increased in April, with a host of products registering more than a 50% year-on-year increase in volumes because of improved domestic demand, industry sources said on Monday.

Its imports of propylene and toluene nearly doubled to 204,272 tonne and 76,198 tonnes, respectively, according to China Customs data. (please see table)

China, the world’s second biggest economy, is a major petrochemical importer in Asia.

The country took in 473,971 tonnes of petrochemical feedstock naphtha in April, representing more than a threefold increase in volume from the same time in 2012, the data showed.

Weaker naphtha prices in the international market, in line with soft crude oil values, encouraged Chinese refiners to import more in April, an industry analyst said.

China’s ethylene imports, on the other hand, rose by 45% year on year to 141,381 tonnes, official data showed.

2013-April

Import

Export

Product

Import (tonnes)

YoY growth (%)

MoM growth (%)

Export (tonnes)

YoY growth (%)

MoM growth (%)

Naphtha

473,971

259%

115%

127,449

-

327%

Ethylene

141,381

45%

42%

0

-

0%

Propylene

204,272

94%

-12%

0

-100%

-

Butadiene

25,034

65%

-12%

25

-98%

-97%

HDPE

351,999

35%

-12%

9,551

-34%

-14%

LDPE

115,941

7%

-17%

4,156

-48%

-32%

LLDPE

159,298

5%

-24%

4,767

-67%

-10%

PP

253,426

-2%

-8%

12,891

-24%

-22%

PVC

66,113

-29%

-34%

66,413

42%

-46%

EPS

5,347

1%

37%

26,306

18%

-10%

Benzene

100,928

1571%

21%

2,959

105%

-4%

Toluene

76,198

96%

-17%

112

-95%

-94%

PX

799,843

51%

-4%

15,412

-39%

-40%

SM

238,333

28%

-15%

11,864

20%

155%

PTA

206,348

-40%

6%

2,515

-

-17%

MEG

693,723

1%

-6%

190

-27%

-59%

ACN

51,170

-1%

-15%

0

-

-

Caprolactam

44,637

-35%

-2%

4

-100%

-52%

Phenol

62,039

16%

75%

309

-90%

-7%

Methanol

543,013

9%

2%

56,482

29,627%

251%

Acetone

43,056

-41%

-6%

71

25%

63%

BPA

45,668

34%

18%

16

-

1469%

IPA

3,377

-29%

-59%

117

38%

62%

MEK

81

-37%

-91%

6,933

-60%

74%

Base oil

195,728

-3%

-11%

1,241

-32%

-6%

MMA

28,138

35%

18%

5,100

79%

7%

PMMA

17,040

-1%

17%

1,551

124%

-14%

GAA

891

-89%

-78%

15,940

103%

0%

Butyl-A

463

-87%

-88%

1,623

-73%

-50%

2EHA

2,372

72%

-34%

344

28%

-42%

2-EH

20,199

-7%

-18%

235

-91%

-37%

NBA

42,647

-13%

6%

1

-

-99%

PA

7,866

22%

-18%

15

-98%

-25%

DOP

353

-92%

-98%

708

-16%

-26%

Polysilicon

7,265

17%

13%

116

123%

-82%

Alkylbenzene

1,547

-32%

-10%

15,750

210%

25%

Anionic surfactants

5,493

31%

4%

12,336

-2%

-29%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Source: China Customs

 

($1 = CNY6.13)


By: Dolly Wu
+65 6780 4359



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