The US shipped 406,000 tons of recycle polymers through July, 2019, down 46% from the same period in the prior year. China’s total ban on imports of recycle polymers as of 2018 was a key factor in the decline. Further declines in US exports are expected as India has announced it will also ban all recycle polymer imports.Continue reading
Duties of 25% on imports from the US of most polyethylene grades have had little effect on China’s total imports, which were at record levels from March through May, 2019.Continue reading
US exports of polyethylene reached successive new highs from March through May, 2019, with relatively little impact evident from reduced shipments to China.Continue reading
In April 2019, for the second month in a row, China’s imports of ethylene polymers hit a new record high. Year to date, reduced volumes from North America were offset by increased volumes from Asia-Pacific sources.Continue reading
Despite a steep drop in imports in February 2019 due to the Chinese New Year holiday, as well as slowing winter demand, China’s imports year to date, 10.9 million tons, were up 19% from the same two-month period in 2018.Continue reading
Based on latest available statistics, ITP projects a volume of 3.2 million tons of recycle polyethylene traded globally in 2018. This is a decline of 31%, or 1.4 million tons, from 2017. Exports out of Western Europe and North America were particularly impacted, although shipments from all regions were down.
China imported a record 6 million tons of LNG during November 2018, raising the year to date import volume to 47.6 million tons, an increase of 43% from the same period in 2017.
US exports of ethylene polymers set a another record high in October, 2018, climbing to 706,300 tons. Volume in January was 494,000 tons.
Singapore imported 1.7 million tons of commodity polymers through July 2018, up 11%, and exported 4.2 million tons, up 6%.
Global trade in recycle polyethylene was down 14% through June 2018, the loss of China as an import market partly offset by higher imports into other Asia-Pacific markets and also Turkey.