China’s imports of ethylene jumped back up to nearly 200,000 tons in June 2017, at an average price of $1077/ton, after two months around 160,000 tons per month. Volume in the first half of the year was up 48% from the same period in 2016.
Brazil’s imports of ethylene polymers were up 13% through June, 2017 and imports of propylene polymers increased 5%. Brazil’s exports of these polymers were off slightly YTD.
The volume of butadiene traded as imports and exports in 2016 was over 2.5 million tons, up 10% from 2015. Higher imports into Asia-Pacific and North America featured prominently in the increase in global volume.
Brazil exported nearly 2 million tons of polyolefins, styrenic polymers, vinyl polymers and PET in 2016, up 28% from 2015.
With construction continuing on massive new polyethylene capacity, US imports trended up to a new record high in the second half of the year, as US exports plummeted.
Cuba’s largest polymer imports are HDPE, LDPE and PET. Sizable volumes of polyethylene bags/sacks and polyethylene film/sheet are also imported. Volumes rose sharply in 2015 versus 2014.
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.
China ended 2015 with imports of polyolefins up 10% from 2014. Imports of HDPE and EVA were particularly strong, up 12% and 27%, respectively. In addition to higher volumes from the Middle East and Asia-Pacific, supplies from North America and Latin America rose sharply.
In 2014, global trade in polyethylene sheets and other flat products (film, foil and strip) totaled 4.4 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 3% from the same period in the prior year, based on reporting countries. Global trade volume is an indicator of global demand.
Nearly 800,000 tons of sheet and other flat products (film, foil and strip) made from PVC were traded globally in 2014, up 3% from the prior year. Trade volume through June of 2015 was down 3%, based on reporting countries. Global trade volume is an indicator of global demand.