Western Europe will import 63 million tons of LNG by year end 2019, based on projections from latest available statistics. Volumes from Eastern Europe and North America are expected to quadruple; supplies from other regions to rise 22 – 36%.Continue reading
US exported 709,000 tons of ethylene polymers in January, 2019, a new monthly record. This was up 44% from the prior January. The average price fell to $1225/ton.Continue reading
Trends in Western Europe’s HDPE intra-regional trade, exports and imports indicated a long position for the region by yearend 2018.Continue reading
An increase by over 70% in imports from the US in 2018 resulted in lower imports into Western Europe from the Middle East, Asia-Pacific and Latin America.Continue reading
Western Europe moved into first place in 2018 as the world’s largest exporter of ethylene monomer, ahead of the Middle East, North America and Latin America.Continue reading
Korea exported 10 million tons of commodity polymers in 2018, up 4% from the prior year, imported 900,000 tons of commodity polymers, up 15%, plus an additional 150,000 tons of recycle polymers, up 141%.Continue reading
Over 1.4 million tons of methacrylates was traded globally in 2018, up 6% from 2017. The Middle East became the world’s largest methacrylates exporting region, surpassing North America and Western Europe.Continue reading
US exports of HDPE have trended higher through most of 2018, with volume of 2.1 million tons through October up 21% from the same period in 2017. A record 259,000 tons were shipped in the month of October.
Shipments increased to every region except the Middle East, with the largest percentage gains on exports to Western Europe and Asia Pacific.Continue reading
Two main factors – the startup of new capacity plus tariffs on exports to China – have resulted in large regional shifts in US exports of linear PE. Exports have increased to all regions but especially to Western and Eastern Europe, and combined shipments to those regions now exceed those to Asia-Pacific.
A 14% increase in global LNG trade in 2018, to 318 million tons of imports and exports, is forecast by ITP based on the latest available statistics. This follows an 8% increase in global trade in 2017 versus 2016.