Western Europe imports and exports low density polyethylene as three main grades: conventional high pressure PE; linear PE; and ethylene-alpha-olefins copolymers (EAOC), which is also linear. The trends in intra-regional trade, exports and imports for these polymers indicated a slightly long position for the region by year end.Continue reading
In advance of the Chinese New Year holiday beginning on February 5th, China’s imports of many products jumped to new highs in January.Continue reading
The March 1 deadline for an increase from 10% to 25% in tariffs by the US on $200 Billion of imports from China has been postponed, but tariffs on many polymers and chemicals put in place earlier by both countries remain.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.
Shipments totaled 5.3 million tons for the year, with volumes at record high levels early in the year, a slowdown from May through November, then a surge in December.