The US shipped 406,000 tons of recycle polymers through July, 2019, down 46% from the same period in the prior year. China’s total ban on imports of recycle polymers as of 2018 was a key factor in the decline. Further declines in US exports are expected as India has announced it will also ban all recycle polymer imports.Continue reading
Imports for June 2019 fell to their lowest levels in two yearsContinue reading
The United States exported 13.5 million tons of LNG through May, 2019, up 50% from the same period in 2018.Continue reading
Duties of 25% on imports from the US of most polyethylene grades have had little effect on China’s total imports, which were at record levels from March through May, 2019.Continue reading
In April 2019, for the second month in a row, China’s imports of ethylene polymers hit a new record high. Year to date, reduced volumes from North America were offset by increased volumes from Asia-Pacific sources.Continue reading
US imports from China of PE and PP film/sheet are a relatively small factor in the global total. US imports of PE bags and sacks from China, however, are substantially larger. All of these products are involved in the US/China trade war.Continue reading
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
On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.Continue reading
Higher phenol exports from new capacity in Saudi Arabia was one factor in the 7% increase in global trade volume, to 3.0 million tons, projected for 2018.
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.