China’s imports of most polymers and chemical were lower in the first half of 2016 than in the same period in the prior year. Exceptions were imports of: ethylene, EVA, propylene oxide and, especially, methanol. China’s exports of PVC, polypropylene, PTA, VAM and non-expandable polystyene surged. Shipments of polyethylene also were up. Continue reading →
Over 9 million tons of benzene were traded globally in 2015, up 16% from 2014. Prominent regional trends during the year included: higher Asia-Pacific exports and also expanded trade within that region; increased imports into North America; increased imports into Western Europe; and, in the Middle East sharply higher trade, both imports and exports, with imports exceeding exports. Early data for 2016 indicates a continuation of these trends.
Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year. These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading →
United States’ exports of several chemicals surged in the first half of 2015: shipments of acetone, benzene, ethylene glycol, methanol, phenol, propylene and VAM were up 16% to 142% from the same period in 2014.
An increase in the amount of material being traded globally generally indicates an increase in demand. ITP currently projects global trade volume to be up 4% to 10% in 2014 from 2013 for a number of heavily traded polymers and chemicals. Continue reading →