Europe’s ethylene imports drop 50%
Propylene imports were also down by 12% to 94,638 tons, according to the same source.
The weak euro against the dollar was blamed for the drop in imports. However, despite the advantage of the euro, ethylene exports were also lower due to tight supplies stemming from production issues while propylene exports saw only a slight increase. Ethylene exports were down over 70% to 24,656 tons from 103,595 tons. Propylene exports were up from 1,434 tons the year before to 4,239 tons for the period.
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