The proportion of domestic and export petrochemical sales in 2021 was 56:44. The domestic sales proportion increased by 1% from that in 2020, mainly from PP in Olefins group and entire Aromatics and Styrenics products. Meanwhile, the petrochemical exports in 2021 were mainly shipped to Singapore, Hong Kong and Vietnam respectively. 1.2.5 The spread between key petrochemical products and raw material Average Price (USD/MT) 2021 2020 %Change Naphtha 646 380 70% Olefins Ethylene-Naphtha 362 333 9% HDPE-Ethylene 279 294 (5%) HDPE-Naphtha 641 627 2% Propylene-Naphtha 320 395 (19%) PP-Propylene 335 207 62% PP-Naphtha 655 602 9% Aromatics BZ-Naphtha 268 105 155% TOL-Naphtha 83 58 43% MX-Naphtha 104 91 14% Styrenics SM-Naphtha 532 383 39% ABS-Naphtha 1,713 1,142 50% PS (GPPS)-Naphtha 955 731 31% Note: Included sales of Trading business (iPolymer) 1.2.4 Petrochemical Sales Breakdown Products 2021 2020 Local Export Local Export Olefins Group 64% 36% 64% 36% Aromatics and Styrenics Group 45% 55% 40% 60% Total 56% 44% 55% 45% 170 IRPC PUBLIC COMPANY LIMITED 56-1 ONE REPORT 2021
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