The volume of ethylene monomer traded globally in 2015 was up 12% from 2014; propylene monomer trade expanded 11%. Much higher shipments from North America to Asia-Pacific, and substantially reduced exports from the Middle East to that region, were prominent features of global ethylene trade. North America also exported much higher volumes of propylene, but nearly all of it to Latin America. The Middle East increased its propylene exports to Asia-Pacific.
The volume of ethylene-vinyl acetate copolymer traded globally in 2015 was up 10% from 2014, indicating a significant increase in global demand. Much higher imports into Asia-Pacific, sourced mainly from North America, Western Europe, and, with the largest percentage gain, the Middle East, plus expanded trade within the Asia-Pacific region, were the leading factor in the increase.
The volume of high density polyethylene traded globally in 2015 was up 8% from 2014, indicating a significant increase in global demand. A strong increase in exports from North America and moderately higher Middle East shipments were prominent trends.
PET and PVC are China’s largest commodity polymer exports but shipments of both were down substantially in 2015 versus 2014.
China’s imports of these basic chemicals increased by 15% to 100% in 2015 versus 2014.