Western Europe exported well over 200,000 tons of butadiene through June 2016, up 60% from the prior year. The United States, Mexico, South Korea and China were leading destinations, followed by Poland and Czech Republic.
An important trend since March 2016 has been record exports of polymers from China. Exports of PVC surged in March and continued high through August, as did exports of PET. Shipments of polyolefins were heavy from March through June/July, but slowed in August.
China’s imports of methanol surged to new highs in the second quarter of 2016 and continued very strong through August. Year to date, imports were up 68%.
Mexico’s exports of HDPE rose sharply in the second quarter of 2016, while exports of L/LLDPE continued a gradual upward trend. Imports of both polymers also trended higher. Major shifts in imports and exports are expected as Braskem Idesa’s new plant ramps up. Continue reading
The Middle East imported 30,000 tons of PMMA polymer in 2015, and 25,000 tons of PMMA sheet.
Highlights of Western Europe’s trade in propylene monomer through July 2016 were: lower intra-regional trade; higher imports; and, sharply higher exports.
Global trade in VAM was up 3% through July, 2016, to 1.1 million tons, indicating a small rise in global demand. Key trends contributing to the increased volume were higher imports into Western Europe and expanded trade within the Asia-Pacific region. Continue reading
A 3% increase in global trade volume, to nearly 2 million tons, indicated growth in global demand for acetic acid through July 2016. The increase mainly reflected expanded intra-regional trade within Western Europe and Asia-Pacific. Continue reading