The volume of polypropylene homopolymer traded globally in 2015 was 17.3 million tons, up 3% from 2014. Imports into Asia-Pacific were unchanged from the prior year. Western Europe’s imports rose 21%; North America’s, 42%, but on small volumes. Data available to date for 2016 indicates a continuation of these trends.
In 2014, global trade in polyethylene sheets and other flat products (film, foil and strip) totaled 4.4 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 3% from the same period in the prior year, based on reporting countries. Global trade volume is an indicator of global demand.
Continued weak demand for p-xylene in Western Europe was apparent from the 37% drop in the region’s intra-regional trade, the 23% drop in imports, and the 72% increase in exports through September 2014, based on reporting countries. Continue reading
Prominent trends year to date included increased exports of paraxylene from both the Middle East and Western Europe to Asia-Pacific; much lower exports from North America to Asia-Pacific but increased volumes to Latin America. Continue reading