Tag Archives: ethylene-alpha-olefins copolymers

The United States is Back. New Record High on PE Exports in May 2020, Much Higher Shipments to China a Key Factor.

US exports of ethylene polymers rose to 1.0 million tons in May, 2020, an all-time high, after slowing to 885,000 tons in April. The average price across the major polymer groups fell to $921/ton.

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China is Back. Imports of PE and PP Hit New Highs in May 2020.

After a slow beginning to the year as China battled the Corona virus, polyolefin imports picked up moderately in March and April then soared to new record highs in May. Prices continued their steep declines.

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Prominent Trends in Western Europe’s Polyethylene Trade Through April 2020 Point to Slower Demand

A slowdown in intra-regional trade and generally lower imports from other regions, with one key exception, were prominent trends in Western Europe’s PE trade, based on the most current data available.

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US Exports of Some, But Not All, Ethylene Polymers Slow in April 2020

After trending higher since December and reaching record levels in March, the total volume of US exports across all the ethylene polymers was down in April. Shipments for the month were down 10% from March, but the magnitude of the decline varied greatly by specific polymer and also by region.

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Korea Exported Record Volumes of PE in March 2020 and Imported High Volumes of Fabricated Plastic Products, Trade with China a Key Factor

Shipments to China accounted for most of the surge in Korea’s exports; China was the source of most of Korea’s imports of fabricated plastic products.

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United States Exports of PE Trended Higher in January 2020

After slowing in November, 2019, US exports of ethylene polymers climbed in both December and January 2020. Little impact on volumes and prices from the corona virus is expected in US export statistics for February, with March and following months affected more severely.

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China Removes Tariffs on Four Specific Grades of Polyolefins from the US, Prior to the Phase I China – US Trade Agreement

China removed the 25% tariff on imports from the US of specific grades of HDPE, linear low density polyethylene, polypropylene and ethylene-propylene copolymers as of December 26, 2019.

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China’s Imports of Ethylene Polymers Hit a New High in November, 2019. Fabricated Product Exports Remained Depressed.

China’s imports of ethylene polymers surged in November in advance of the Chinese New Year holiday that begins January 25, 2020. Exports of fabricated products trended higher in October and November, but remained below levels reached earlier in the year, and also in 2018, largely because of the trade war with the US.

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Global Trade Projected up 6%-9% in 2019 for Polyethylene; Down Slightly for Polypropylene

Latest import/export statistics from all available countries indicate strong growth in global trade volume for polyethylene by year end 2019 but a contraction for polypropylene. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.

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