The United States exported 255,000 tons of monoethylene glycol through April 2019, up 25% from the same period in the prior year. Lower volumes to top destination, Mexico, and a sharp drop in shipments to China, were more than offset by gains to Europe, Brazil and elsewhere.Continue reading
Brazil imported 1.9 million tons of commodity polymers in 2018, up 11%. Exports were smaller, 1.6 million tons, and fell by 17%. Trade in recycle polymers was minor, noting a sharp drop in exports. Fabricated plastic product imports totaled 173,000 tons, up 9%; exports were 133,000 tons, up 3%.Continue reading
The US imported 577,000 tons of propylene polymers through October, 2018, up 39% from the same period in 2017. US exports of these polymers were down 13% through October, to 1.5 million tons.
ITP projects MEG trade volume for 2018 of 15.1 million tons, up 1% from 2017. This compares with an increase of 10% from 2016 to 2017. The trend in global trade volume generally indicates the trend in world demand.
US exports of polypropylene, propylene copolymers and polyisobutylene were down 14% through July 2018, to 1.1 million tons, while imports jumped 36%, to 370,000 tons.
Brazil’s exports of commodity polymers trended downward through most of the first seven months of 2018. Imports were moderately higher; imports of fabricated plastic products rose strongly.
Butadiene global trade in 2017 was 2.7 million tons, up 7% from 2016.
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.