Tag Archives: Korea

Overview of Korea’s Commodity Polymer Trade July 2018 YTD

Korea’s exports of commodity polymers expanded moderately in the first seven months of 2018, as did shipments of fabricated plastic products. Imports rose sharply. Korea exported less recycle polymers but imported more.

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Middle East Propane Exports to Asia Down Two Years in a Row as North America’s Grow

Middle East exports of liquefied propane gas to Asia-Pacific are projected to be down 3% at yearend 2017, to 19.9 million tons. This follows a decline of 7% in Middle East shipments to the region in 2016 versus 2015. The Middle East’s much smaller exports to Africa also were down for the second year.

In contrast, North America’s exports to Asia-Pacific are projected to end up 18% in 2017, to 13.2 million tons. In 2016, North America’s shipments to that region had jumped 81% from the prior year.

North America’s exports to Western Europe and Latin America are projected to be down in 2017 but shipments to Eastern Europe and Africa have risen in each of the last two years.

US exports were 2.6 million tons in October and 2.4 million tons in November, both volumes near record levels. Shipments totaled 24.1 million tons through November, up 14% on higher volumes to Japan, China, Mexico, Korea and many others.

From International Trader Publications’ Liquefied Propane Gas World Trade Report – a continuously updated on line analysis of global trade based on statistics from 60 countries.

 

China’s Imports of Ethylene Polymers Up 20% Through October

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.

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Global Butadiene Trade Volume Up 8% Through June 2017

Butadiene trade totaled over 1.3 million tons in the first half of 2017, up 8% from the same period in 2016. Prominent trends included increased imports into Asia-Pacific and expanded  trade within the region, a strong increase in exports from Latin America, and lower exports from Western Europe.

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Benzene Global Trade Trends

Over 9 million tons of benzene were traded globally in 2015, up 16% from 2014. Prominent regional trends during the year included:  higher Asia-Pacific exports and also expanded trade within that region; increased imports into North America; increased imports into Western Europe; and, in the Middle East sharply higher trade, both imports and exports, with imports exceeding exports. Early data for 2016 indicates a continuation of these trends.

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