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 readingTag Archives: India
China Imported Record Volumes of Polymers and Other Products in January 2019
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 readingChina’s Imports of Olefins from the United States
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 readingPhenol Global Trade Volume Projected Up 7% in 2018
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.
Little Change in MEG Global Trade Volume 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.
Overview of India’s Commodity Polymer Trade June 2018 YTD
India’s trade in commodity polymers in the first half of 2018 was highlighted by record high exports of virgin polymers, record high exports of fabricated plastic products, and, increased imports of recycle polymers.
US Exports of Recycle Polymers Were Down 14% in 2017; Imports into the US Rose 2%.
The US exported a total of 1.7 million tons of recycle polymers in 2017. Imports into the US of recycle polymers were 429,000 tons, up 2%. Continue reading
LNG Global Trade up 11% Through July
The volume of liquefied natural gas traded globally through July 2017 exceeded 150 million tons, up 11% from last year, based on latest available trade statistics.
China’s End to Imports of Recycle Polymers Will Have Global Impact
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.
Recent Trends in Recycle Polyethylene Trade
The volume of recycle polyethylene traded globally was up 12% through May, 2017, mainly on higher imports into China, followed by gains in other Asia-Pacific markets.