The United States shipped record amounts of MEG from May through July, 2019. Exports to several European markets, and also to Korea and Brazil, were up sharply.Continue reading
The US imported 191,000 tons of PET film/sheet through June, 2019, up 23% from the first half of 2018. Volumes exceeded those into China, which was the world’s largest importer in 2018.Continue reading
The United States exported 255,000 tons of monoethylene glycol through April 2019, up 25% from the same period in the prior year. Lower volumes to top destination, Mexico, and a sharp drop in shipments to China, were more than offset by gains to Europe, Brazil and elsewhere.Continue reading
US imports from China of PE and PP film/sheet are a relatively small factor in the global total. US imports of PE bags and sacks from China, however, are substantially larger. All of these products are involved in the US/China trade war.Continue reading
The United States exported 18.4 million tons of LNG through October 2018, up 54%, and imported 2 million tons, down 10%. Continue reading
The US imported 577,000 tons of propylene polymers through October, 2018, up 39% from the same period in 2017. US exports of these polymers were down 13% through October, to 1.5 million tons.
ITP projects MEG trade volume for 2018 of 15.1 million tons, up 1% from 2017. This compares with an increase of 10% from 2016 to 2017. The trend in global trade volume generally indicates the trend in world demand.
US exports of polypropylene, propylene copolymers and polyisobutylene were down 14% through July 2018, to 1.1 million tons, while imports jumped 36%, to 370,000 tons.
If a trade accord between the US and the EU is finalized and the US puts in place more export terminals, LNG exports from the US will rise. Through May 2018, the US exported a total of LNG totaled 9.0 million tons, up 61% from the same period in 2017. Exports have been climbing since early 2016. Korea, Mexico and China were the top three export destinations to date, with relatively small volumes to the EU. Continue reading
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.