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
Iran exports large volumes of polyethylene, LNG, liquefied propane and butane gases, methanol and ethylene glycol. As of April, 2019 shipments of all of these products were down versus the same period in 2018, except ethylene glycol.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
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.