Trends in Western Europe’s HDPE intra-regional trade, exports and imports indicated a long position for the region by yearend 2018.Continue reading
China imported a record 6 million tons of LNG during November 2018, raising the year to date import volume to 47.6 million tons, an increase of 43% from the same period in 2017.
China’s imports October YTD showed particularly strong gains on imports of ethylene-alpha-olefins copolymers (LLDPE) and styrenic polymers, versus the same period in 2017. Only imports of PVC were down.
On August 23rd, the US imposed tariffs of 25% on imports of a number of fabricated plastic products from China, including film/sheet from PE and PP, tubes/pipes from PE and PP and monofilament from PE. US imports from China of all these products except PE film/sheet were down in August versus July.
Asia-Pacific’s imports from other regions of LDPE/LLDPE, HDPE, EVA and Ethylene Copolymers (Ethylene-alpha-Olefins Copolymers plus Other Ethylene Copolymers) are projected by International Trader Publications to be up by 15% at yearend 2017 versus 2016, to over 15.6 million tons. This is an increase of over 2 million tons. Continue reading
After trending downward for most of 2016 and into early 2017 China’s imports of liquefied butane gases soared to a new record high of 557,000 ton in May and continued to rise in June, reaching 587,000 tons. Average prices slipped in both months, to $433/ton in June.
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
Iran exported 2.7 million tons of ethylene polymers in 2016, up 19%, and 190,000 tons of propylene polymers, down 10%. Continue reading
China’s imports of methanol surged to new highs in the second quarter of 2016 and continued very strong through August. Year to date, imports were up 68%.
Mexico’s exports of HDPE rose sharply in the second quarter of 2016, while exports of L/LLDPE continued a gradual upward trend. Imports of both polymers also trended higher. Major shifts in imports and exports are expected as Braskem Idesa’s new plant ramps up. Continue reading