China June BOPET imports rise 18.34%, exports fall 8.19% MoM

China June BOPET imports +18.34% MoM to 22.2kt, exports -8.19% to 83.5kt (GACC). OilChem: import rise due to delayed shipments & specialty demand; export drop due to seasonal destocking. July imports ~22kt, exports ~84kt (OilChem forecast).

According to the data of General Administration of Customs of the People's Republic of China (GACC), in June, China's BOPET imports rose by 18.34% month-on-month, yet the cumulative volume for the first half of the year still fell by 7.66% year-on-year. June imports stood at 22,200 tonnes, up by