China imports of most petrochemical products rise in December '13

24 January 2014 07:21  [Source: ICIS news]

(recasts throughout for clarity)

SINGAPORE (ICIS)--China’s imports of most petrochemical products increased in December 2013 compared with the same period in the previous year, with sharp spikes noted in volumes of dioctyl phthalate (DOP) and methyl ethyl ketone (MEK), official data showed on Friday.

The country took in around 14,886 tonnes of DOP in December, more than six times the volume imported in December 2012, and up by 40% month on month, data from China Customs showed.

Lower import prices of DOP led to the surge in China’s volume intake of the material, a market source said.

MEK import volumes also soared, increasing nearly sixfold, to 301 tonnes in December compared with the same period in 2012, while toluene imports more than doubled to 94,456 tonnes, according to the data.

China’s imports of naphtha in December, meanwhile, shrank by 48% year on year to 186,801 tonnes, while butadiene (BD) volumes declined 45% to 31,992 tonnes, the data showed.

Table: China’s petrochemicals imports and exports in December 2013

2013-Dec

Import

Export

Product

Import (tonnes)

YoY growth (%)

MoM growth (%)

Export (tonnes)

YoY growth (%)

MoM growth (%)

Naphtha

186,801

-48%

-6%

0

-

-

Ethylene

156,090

13%

7%

0

-93%

-70%

Propylene

271,606

17%

15%

0

-

-

Butadiene

31,992

-45%

-28%

4,399

49%

8146813%

HDPE

434,931

25%

-5%

8,418

-14%

-4%

LDPE

196,178

60%

12%

3,132

-29%

6%

LLDPE

246,126

6%

20%

4,054

19%

24%

PP

529,139

4%

10%

15,676

30%

-13%

PVC

75,950

2%

4%

34,278

15%

6%

EPS

4,950

23%

7%

20,118

2%

-32%

Benzene

67,671

5%

-36%

18

-100%

-99%

Toluene

94,456

153%

43%

59

-39%

-25%

PX

782,867

23%

-8%

14,532

195%

-3%

SM

337,087

15%

1%

3,141

581581%

-36%

PTA

157,607

-37%

8%

15,163

-

51%

MEG

642,682

0%

-3%

155

-42%

-78%

ACN

51,116

4%

28%

0

-

-

Caprolactam

29,804

-16%

0%

4

-60%

-39%

Phenol

23,845

-25%

-1%

2,455

-60%

343%

Methanol

319,379

-40%

-17%

118,033

347%

9%

Acetone

40,271

-32%

1%

60

35%

-46%

BPA

54,773

16%

21%

0

-99%

-97%

IPA

5,267

-17%

-24%

2,595

169%

192%

MEK

301

499%

21%

5,629

279%

277%

Base oil

223,681

29%

8%

2,702

-37%

101%

MMA

22,964

38%

22%

2,961

-21%

-10%

PMMA

22,623

24%

8%

921

-41%

-14%

GAA

4,983

21%

-9%

4,553

-59%

-30%

butyl-A

6,290

49%

323%

4,956

429%

56%

2EHA

3,485

49%

53%

572

-8%

591%

2-EH

26,855

-24%

125%

2,726

875%

1189%

NBA

23,110

-41%

42%

60

-43%

-52%

PA

8,421

38%

59%

23

50%

-54%

DOP

14,886

513%

40%

273

-72%

2%

Polysilicon

8,549

27%

8%

1,162

376%

78%

alkylbenzene

2,760

143%

89%

6,753

65%

-27%

anionic surfactants

4,750

-2%

11%

11,623

2%

-8%

Butyl glycol ether

6,633

-56%

-12%

49

-30%

28%

MIBK

5,630

72%

64%

0

-

-53%

Source: China Customs


By: Viola Pan
+65 6780 4359



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