Imports of propylene to the Chinese market decreased in June this year by 24.7% compared with the same month last year, ICIS reported citing official data from Chinese customs.

Thus, this indicator for the reporting month amounted to 207.38 thousand tons of propylene against 275.24 thousand tons in June 2018.

In relation to May 2019 (231.38 thousand tons), the June import of material showed a decrease of 10.4%.

Propylene is the main raw material for the production of polypropylene (PP).

The total production volume of PP in Russia increased by 4% in the first six months of this year compared to the same period in 2018 and amounted to about 732 thousand tons. Four out of seven manufacturers increased capacity utilization.