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%.
Substantially higher butadiene export from Western Europe and Latin America were prominent trade trends through May, 2016.
March 2016 statistics show a rebound in China’s imports of both virgin and recycle commodity polymers. China’s exports of commodity polymers hit a record high.
China ended 2015 with imports of polyolefins up 10% from 2014. Imports of HDPE and EVA were particularly strong, up 12% and 27%, respectively. In addition to higher volumes from the Middle East and Asia-Pacific, supplies from North America and Latin America rose sharply.
Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year. These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading