Imports were at record levels for most of the second half of 2017.
Monthly import volume fell to 64,000 tons in December, the price steady throughout the fourth quarter around $490/ton.
China imported 1.9 million tons of recycle polyethylene from all sources in 2017, down 23%. Imports trended lower for most of the year with further declines expected in 2018 as restrictions come into full force. Continue reading
China’s polyethylene imports rebounded strongly in November 2017. This followed a relatively small holiday-related decline in October, versus previous years. Imports of recycle polyethylene continued trending downward, to their lowest monthly volume in the 2013-2017 period.
China’s imports of recycle PE, PP, PS, PVC and PET totaled 300,000 tons in October 2017, compared with volumes of over 700,000 tons earlier this year and a high of more than 800,000 tons late in 2013.
United States exports of recycle polyethylene, polypropylene, PET and PVC all plummeted in July 2017.
If China cuts off all imports of recycle plastics, as reported in the media as possibly occurring as soon as 2018, the impact on recycling industries in the US, Europe and Asia of the loss of a market for 7.3 million tons of recycle polymer would be huge.
Through May, 2017, China imported a total of 5.4 million tons of ethylene polymers, up 17% from the same period in 2016. Iran supplied 823,000 tons, or 15%, of the total, down 7%. A restriction on imports into China from Iran, will likely be made up by Saudi Arabia, US, Korea and UAE, among others.
China imported 2.5 million tons of recycle PE, PP, PS, PVC and PET through April 2017, up 25% from the prior year. Imports of every recycle polymer showed an increase. Continue reading
Although volumes are expected to drop in February, imports in January 2017 of LLDPE, HDPE, EVA, polypropylene, propylene copolymers all were up substantially from January 2016. Imports of recycle PE, PP and also PET posted gains. Shipments of fabricated plastic products remained at record levels for the third month in a row. Continue reading