In advance of the Chinese New Year holiday beginning on February 5th, China’s imports of many products jumped to new highs in January.Continue reading
Much higher imports of polyethylene and styrenic polymers, reduced polymer imports from the US, no imports of recycle polymers, and, record high exports of fabricated plastic products characterized China’s trade in 2018.Continue reading
China imported 39,000 tons of ethylene polymers from the US in October 2018, down from a monthly high of 102,000 tons in August.
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.