Japan June production of plastic feedstocks rises 4.4% yr on yr

05 August 2013 10:48  [Source: ICIS news]

TOKYO (ICIS)--Japan’s production of plastic feedstocks in June increased by 4.4% year on year to 756,400 tonnes, official industry data showed on Monday.

Of the total, polyethylene terephthalate (PET) output rose by 9.9% year on year to 66,287 tonnes in June, while polystyrene (PS) production grew 4% to 83,857 tonnes, according to Japan Plastics Industry Federation (JPIF).

The country’s phenol resins output stood at 24,164 tonnes in June, up by 3.2% year on year, while production of polypropylene (PP) fell by 1.8% to 160,937 tonnes, the data showed.

Its exports of plastic feedstocks in June totaled yen (Y) 95.9bn ($969m), up by 14%  year on year, with imports rising 5.5% to Y48.6bn, based on the JPIF data.

Meanwhile, Japan’s total production of plastic products decreased by 1.4% year on year to 484,200 tonnes in June, according to the JPIF.

Its synthetic leather output fell by 7.6% to 3,973 tonnes, while production of machine parts declined by 7.7% to 55,590 tonnes, the data showed.

Production of film and sheet, on the other hand, inched up by 0.4% year on year to 210,354 tonnes, while output of pipes rose by 9.6% to 38,231 tonnes.

($1 = Y98.94)

By: Tomomi Yokomura
+65 6780 4359

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