EU propylene imports almost triple in September yoy

25 November 2013 13:23  [Source: ICIS news]

LONDON (ICIS)--EU propylene imports from the rest of the world almost tripled in September compared with the same month last year, according to Eurostat data released on Monday.

Imports were up by a massive 176.99% year on year but were down by 2.03% from August 2013.

Conversely, exports from the EU in September were cut by nearly 90% compared with the same month in 2012.

The high level of imports and low level of exports highlighted the ongoing production shortfall in the Mediterranean as well as the under-utilisation of European crackers in general.

EU propylene (tonnes)

September 2012

September 2013

% change YOY

IMPORTS

5,681

15,734

176.99

EXPORTS

1,364

157

-88.46


Eurostat import/export data is subject to revision as more detailed information become available.


By: Nel Weddle
+44 20 8652 3214



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