After slowing in November, 2019, US exports of ethylene polymers climbed in both December and January 2020. Little impact on volumes and prices from the corona virus is expected in US export statistics for February, with March and following months affected more severely.
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US Exports of Recycle Polymers Down 46% as of July 2019; Further Declines Likely From India’s Ban on Recycle Polymer Imports
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 readingChina’s PE Imports at Record Levels Despite the US/China Trade War
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 readingUS Exports of Polyethylene Continue Setting New Records, Despite the US/China Trade War
US exports of polyethylene reached successive new highs from March through May, 2019, with relatively little impact evident from reduced shipments to China.
Continue readingChanges in China’s Imports of Polyethylene by Region
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 readingChina’s LNG Imports up 19% Through February 2019
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 readingGlobal Trade in Recycle Polyethylene Down 31% in 2018
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’s LNG Imports Soar to a New Record in November, as Prices Rise
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.
Another Record for US Polyethylene Exports
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.
Overview of Singapore’s Commodity Polymer Trade July 2018 YTD
Singapore imported 1.7 million tons of commodity polymers through July 2018, up 11%, and exported 4.2 million tons, up 6%.