EU paraxylene exports continued to rise in June

19 August 2013 14:22 Source:ICIS News

LONDON (ICIS)--EU paraxylene (PX) exports continued to soar in June with a sharp year on year spike compared to the same period last year, data from European statistics agency Eurostat showed on Monday.

June exports were up by almost 10,000 tonnes from the previous month, with weak derivative demand keeping industry actively looking to ship material abroad to help balance European supply dynamics.

Imports in the EU in June from other regions are also significantly lower year on year.

Import and export data by Eurostat (units: tonnes)

Period

IMPORT

EXPORT

June 2012

22,297

50

June 2013

6,209

22,324

 

 

 

Volume difference in tonnes

16,088

22,274

% change year on year

-72.15%

-

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

By Truong Mellor