Lower imports into Asia-Pacific’s two top markets, Korea and China, were reflected in the region’s trade in 2018. Imports from other regions were down and intra-regional trade volume was flat with the prior year.Continue reading
On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.Continue reading
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.
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.
The volume of liquefied natural gas traded globally through July 2017 exceeded 150 million tons, up 11% from last year, based on latest available trade statistics.
The United States exported 118,500 tons of cyclohexane through June 2017, up 52% from the same period in 2016. Shipments hit a new monthly high of 35,000 tons in May, but slowed to 8300 tons in June.
Mexico’s exports of HDPE rose sharply in the second quarter of 2016, while exports of L/LLDPE continued a gradual upward trend. Imports of both polymers also trended higher. Major shifts in imports and exports are expected as Braskem Idesa’s new plant ramps up. Continue reading
Much higher propylene monomer exports from both North America and Western Europe to Latin America were among the trends visible in global propylene trade through March, 2016.
Over 9 million tons of benzene were traded globally in 2015, up 16% from 2014. Prominent regional trends during the year included: higher Asia-Pacific exports and also expanded trade within that region; increased imports into North America; increased imports into Western Europe; and, in the Middle East sharply higher trade, both imports and exports, with imports exceeding exports. Early data for 2016 indicates a continuation of these trends.