The volume of polypropylene homopolymer traded globally through May 2019, over 7 million tons, was up 2% versus the same period in 2018 based on ITP’s analysis of the latest available statistics.Continue reading
Trends in Western Europe’s HDPE intra-regional trade, exports and imports indicated a long position for the region by yearend 2018.Continue reading
An increase by over 70% in imports from the US in 2018 resulted in lower imports into Western Europe from the Middle East, Asia-Pacific and Latin America.Continue reading
Thailand exported 5.4 million tons of commodity polymers in 2018, up 16% from 2017. The country became an important new market for recycle polymers, imports of which nearly quadrupled in 2018, to 553,000 tons. Sizable volumes of fabricated plastic products, 663,000 tons, up 8%, were exported to Asia-Pacific and North America.Continue reading
Over 1.4 million tons of methacrylates was traded globally in 2018, up 6% from 2017. The Middle East became the world’s largest methacrylates exporting region, surpassing North America and Western Europe.Continue reading
A 14% increase in global LNG trade in 2018, to 318 million tons of imports and exports, is forecast by ITP based on the latest available statistics. This follows an 8% increase in global trade in 2017 versus 2016.
ITP projects global trade volume in 2018 of 62 million tons in all polymers of ethylene (LDPE/LLDPE, HDPE, EAOC, Copolymers and EVA), up 5% from 2017. This compares with an increase of 7% in 2017 versus 2016. The trend in global trade volume generally indicates the trend in world demand.
LNG global trade in 2017 was 280 million tons, up 8%.
Middle East exports of liquefied propane gas to Asia-Pacific are projected to be down 3% at yearend 2017, to 19.9 million tons. This follows a decline of 7% in Middle East shipments to the region in 2016 versus 2015. The Middle East’s much smaller exports to Africa also were down for the second year.
In contrast, North America’s exports to Asia-Pacific are projected to end up 18% in 2017, to 13.2 million tons. In 2016, North America’s shipments to that region had jumped 81% from the prior year.
North America’s exports to Western Europe and Latin America are projected to be down in 2017 but shipments to Eastern Europe and Africa have risen in each of the last two years.
US exports were 2.6 million tons in October and 2.4 million tons in November, both volumes near record levels. Shipments totaled 24.1 million tons through November, up 14% on higher volumes to Japan, China, Mexico, Korea and many others.
From International Trader Publications’ Liquefied Propane Gas World Trade Report – a continuously updated on line analysis of global trade based on statistics from 60 countries.
Exports from the Middle East to all other regions of LDPE/LLDPE, HDPE, EVA and Ethylene Copolymers (Ethylene-alpha-Olefins Copolymers plus Other Ethylene Copolymers) are projected by International Trader Publications to be up 9% at yearend 2017 versus 2016, to 17.1 million tons. This is an increase of 1.4 million tons from the prior year.