China’s February PE, PP imports down 32% month on month: traders

12 March 2014 01:38 Source:ICIS News

SINGAPORE (ICIS)--China is estimated to have imported a combined volume of 1.09m tonnes of polyethylene (PE) and polypropylene (PP) in February, down by 32% from the previous month, local traders said on Wednesday.

Some 714,000 tonnes of PE and 375,000 tonnes of PP were brought into the country last month, they said.     

Comparing the figures with the official data for January imports, February PE imports decreased by 29.5%, while PP imports were down by 36.3%, traders said.

China Customs' data on February imports is expected to be released around 24 March.

By Angie Li