Home / Knowledge / News / Textiles / China accounts for major volume of ethylene exports

China accounts for major volume of ethylene exports

06
Jan '10
According to trade statistics culled from the Finance Ministry, Japan's export volume of ethylene totaled 493,000 tons in the first 10 months of this year. Annual growth of Japan's ethylene exports in January and February was not large.

But export volume began to show a substantial increase from March onwards. Monthly export volume ranged in between 40,000-70,000 tons. From January to October, China was the largest export destination of Japan's ethylene exports.

Japan's ethylene exports to China registered 302,000 tons, shipments to South Korea amounted to 114,000 tons and ethylene exports to Taiwan realized 67,000 tons.

Analysts say that the surge in ethylene exports to China is mainly due to fast pickup of chemical fibre demand in China's market, especially demand of vinyl chloride monomer and styrene monomer driving increased demand for raw materials of ethylene.

Operating rate of Japanese ethylene crackers stood at only 70-79 percent in January to March in 2009, which rose to 80-89 percent in April, then gradually increased to 90-99 percent. Overall output from Japan's ethylene capacity is expected to reach 6.9 million tons in 2009.

Based on average export level of ethylene from January to October, Japan's export volume of ethylene is projected to touch 590,000 tons this year, which is equivalent to 8-9 percent of Japan's annual ethylene output.

Fibre2fashion News Desk


Must ReadView All

Pic: Shutterstock

Textiles | On 3rd Apr 2020

UKFT campaigns to support small companies amid COVID-19

UKFT is urging the government to provide support for individuals or...

Pic: Shutterstock

Apparel/Garments | On 3rd Apr 2020

China's silk town Shengze sends face masks to Milan

The Shengze Chamber of Commerce in the city of Suzhou in China’s...

Pic: H&M

Fashion | On 3rd Apr 2020

H&M awards €1 mn to five innovations of fashion industry

From lab-grown cotton and creating fabrics from protein DNA, to...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Industry could be looking at 10%-15% job losses

Amrit Sethia, SOIE

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Nitin Soni, Dolphin Jingwei Machines

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Amol Bhagwati,

Amol Bhagwati

A textile finishing solution provider, Inspiron Engineering Private...

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Eric Fessler,

Eric Fessler

Manufacturer of textile machinery and complete fibre-to-yarn lines, N...

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search