China August imports of most petchems grow year on year

27 September 2016 04:14 Source:ICIS News

Container Terminal in Guangdong, China 27 September 2016

SINGAPORE (ICIS)--China’s August imports of most petrochemicals grew on a year-on-year basis, with benzene surging more than fourfold to 135,502 tonnes, official data showed.

Out of the 52 chemical products whose trades in China were tracked by ICIS, 32 registered increases in imports volumes; 20 showed declines, based on China Customs data.

On a month-on-month basis, 32 registered increases, 19 showed declines and 1 was stable, the data showed. (Please see table below)

In the olefin chain, butadiene imports in August more than doubled to 22,730 tonnes from the same period last year, while ethylene and propylene were up 12% and 5% to 133,327 tonnes and 208,106 tonnes, respectively.

Among other aromatics products, paraxylene registered a 7% year on year increase in imports to 1.03m tonnes.

Phenol imports, meanwhile, had more than a twofold increase to 30,463 tonnes.

Among plasticizers, imports of 2-EH climbed 84% year on year to 24,064 tonnes, while those of dioctyl phthalate (DOP) jumped 66% to 16,531 tonnes.

Product

Import (tonnes)

YoY growth (%)

MoM growth (%)

Export (tonnes)

YoY growth (%)

MoM growth (%)

Naphtha

390,713

-36%

-11%

0

-

 -

Ethylene

133,327

12%

7%

3,484

-

76206%

Propylene

208,106

5%

-19%

10

88%

-

Butadiene

22,730

101%

3%

0

-

 -

HDPE

476,845

21%

16%

7,914

-36%

-26%

LDPE

144,964

-17%

-13%

7,929

44%

53%

LLDPE

236,374

15%

17%

5,499

40%

19%

PP

372,422

-6%

4%

21,766

60%

-19%

PVC

57,216

7%

-12%

143,877

78%

16%

EPS

2,453

-47%

-8%

24,085

-4%

-5%

Benzene

135,502

314%

14%

2,961

-86%

2%

Toluene

65,429

10%

18%

334

-92%

588%

PX

1,028,526

7%

-5%

9,640

-37%

102%

SM

282,307

-8%

-3%

5

-

 -

PTA

36,267

-32%

5%

46,831

0%

-52%

MEG

647,223

-16%

0%

347

-86%

-95%

ACN

31,150

25%

49%

0

-

 -

Caprolactam

19,946

29%

44%

4

31%

-61%

Phenol

30,463

133%

138%

128

125%

-98%

Methanol

782,868

67%

-12%

813

-82%

15%

Acetone

41,610

27%

10%

1,055

1820%

-39%

BPA

34,098

-2%

49%

258

25061%

0%

IPA

4,473

11%

137%

4,346

122%

-42%

MEK

111

-9%

53%

14,686

73%

477%

Base oil

189,462

13%

-28%

1,816

84%

-86%

MMA

14,878

21%

23%

3,592

43%

24%

PMMA

16,336

12%

1%

1,127

45%

10%

GAA

2,616

21%

765%

3,628

-52%

-37%

butyl-A

33

-1%

-73%

15,742

210%

119%

2EHA

2,705

-39%

41%

454

162%

116%

2-EH

24,064

84%

28%

192

17%

-58%

NBA

31,345

118%

115%

183

-94%

165%

PA

8,077

140%

211%

27

434%

-26%

DOP

16,531

66%

32%

1,121

108%

60%

Polysilicon

11,648

36%

-4%

247

-70%

-55%

alkylbenzene

1,415

120%

92%

17,240

55%

0%

anionic surfactants

5,606

7%

6%

16,947

24%

21%

Butyl glycol ether

11,564

-14%

11%

169

408%

1186%

MIBK

4,203

-2%

-3%

0

-

 -

Ethyl acetate

1

-87%

-73%

44,166

13%

-5%

TiO2

13,246

-30%

-34%

65,420

70%

3%

Epoxy Resins

21,410

24%

21%

5,934

-6%

11%

MA

9

702%

-76%

266

-81%

-85%

ECH

1,306

-55%

28%

72

41%

78%

PET

17,075

-66%

-70%

204,738

18%

0%

Acetic Acid

13,017

58677%

551%

15,572

-59%

46%

VAM

16,841

-4%

-18%

23,487

78%

60%

Soda Ash

19

-70%

-89%

163,711

9%

-14%

EVA

68,792

12%

-13%

5,674

25%

6%

Iso-MX

52

63%

592%

104

109%

471%

OX

19,628

-24%

5%

0

3000%

-

Waste and scrap PET

227,143

33%

1%

6

-100%

6409%

Source: China Customs

Additional reporting by Nurluqman Suratman

Picture: Yantian International Container Terminals, Shenzhen City, Guangdong province in south China (Source: Imaginechina/REX/Shutterstock)

By Yvonne Shi