The United States exported 1.8 million tons of LNG in November 2017, setting another record. The average price picked up slightly from the prior month, to $214/ton.
The US exported 9.1 million tons of LNG through August 2017, up 358% from the same period in 2016. There were exports to many new markets, plus higher shipments to some of the same markets as in 2016.
The volume of liquefied natural gas traded globally through July 2017 exceeded 150 million tons, up 11% from last year, based on latest available trade statistics.
The United States exported nearly 7 million tons of liquefied natural gas through June 2017, versus minor volumes in the same period in 2016. Shipments were global, with large volumes to all regions except Africa. As US exports to Western Europe and Latin America increased, shipments from the Middle East and Africa to those regions dropped.
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.
Global trade in DEG was down 9% through August, to 0.8 million tons based on earliest available data. Lower imports into China were a major factor.
In 2014, global trade in para-xylene totaled 15.8 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 12% from the same period in 2014, based on reporting countries. Global trade volume is an indicator of global demand.
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
Middle East exports of polypropylene homopolymer have been down since February 2013, with lower shipments to Asia-Pacific, Western and Eastern Europe and Africa. Other trends evident in the first half of the year were expanded trade within the Asia-Pacific region and substantially higher imports into Eastern Europe from other regions. Continue reading