India’s trade in commodity polymers in the first half of 2018 was highlighted by record high exports of virgin polymers, record high exports of fabricated plastic products, and, increased imports of recycle polymers.
Global trade in recycle polyethylene was down 14% through June 2018, the loss of China as an import market partly offset by higher imports into other Asia-Pacific markets and also Turkey.
Exports from the US of commodity polymers trended higher through most of the first half of 2018 and set a new record in June. Imports of fabricated plastic products also hit a new high in June.
China has reported aggregated statistics for its imports of major products, including polypropylene, ABS and PVC. Continue reading
Global trade in ethylene polymers expanded by 6% through June 2018, to over 22 million tons based on preliminary data. Most of the increase was accounted for by higher volumes of conventional high pressure PE and ethylene-alpha-olefins copolymers. Continue reading
If a trade accord between the US and the EU is finalized and the US puts in place more export terminals, LNG exports from the US will rise. Through May 2018, the US exported a total of LNG totaled 9.0 million tons, up 61% from the same period in 2017. Exports have been climbing since early 2016. Korea, Mexico and China were the top three export destinations to date, with relatively small volumes to the EU. Continue reading
After slowing throughout the first quarter, China’s imports of LNG picked up in both April and May.
After easing in April, imports of LDPE plus HDPE and also ethylene-alpha-olefins copolymers, rebounded to back to the record levels set in March.
Based on statistics from 75 countries, polypropylene homopolymer trade was 19.7 million tons of the 29 million ton total, up 4%; propylene copolymers trade was 9.6 million tons, also up 4%.
Ethylene-alpha-olefins copolymers are a new product designation by the World Customs Organization as of 2017 that has been assigned a unique Harmonized System code number. Trade in 2017 visible from statistics of more than 70 countries totaled 7.5 million tons.