The volume of liquefied propane gas (LPG) traded globally in 2018 was up 11% from 2017, to 78 million tons, based on latest available data.Continue reading
Iran exported 3.6 million tons of commodity polymers in 2018, down 5% from the prior year. Imports were 198,000 tons, down 42%. Shipments of fabricated plastic products jumped 35%, to 224,000 tons.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.
In the first seven months of 2018, Iran exported slightly more polyethylene than in the same period in 2017. Exports of polypropylene were lower; exports of styrenic polymers and PVC increased, but volumes were small. Exports of fabricated plastic products reached new highs.
China imported 11 million tons of ethylene polymers through October 2017, up 20%. Imports of all grades were up substantially and volume has been heavy since August.
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.
Through May, 2017, China imported a total of 5.4 million tons of ethylene polymers, up 17% from the same period in 2016. Iran supplied 823,000 tons, or 15%, of the total, down 7%. A restriction on imports into China from Iran, will likely be made up by Saudi Arabia, US, Korea and UAE, among others.
Iran exported 2.7 million tons of ethylene polymers in 2016, up 19%, and 190,000 tons of propylene polymers, down 10%. Continue reading
The volume of propylene glycol traded globally showed a 1% rise through August 2016, to over 600,000 tons, based on earliest available data.
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%.