Imports were at record levels for most of the second half of 2017.
Monthly import volume fell to 64,000 tons in December, the price steady throughout the fourth quarter around $490/ton.
China imported 1.9 million tons of recycle polyethylene from all sources in 2017, down 23%. Imports trended lower for most of the year with further declines expected in 2018 as restrictions come into full force. Continue reading
Middle East exports of liquefied propane gas to Asia-Pacific are projected to be down 3% at yearend 2017, to 19.9 million tons. This follows a decline of 7% in Middle East shipments to the region in 2016 versus 2015. The Middle East’s much smaller exports to Africa also were down for the second year.
In contrast, North America’s exports to Asia-Pacific are projected to end up 18% in 2017, to 13.2 million tons. In 2016, North America’s shipments to that region had jumped 81% from the prior year.
North America’s exports to Western Europe and Latin America are projected to be down in 2017 but shipments to Eastern Europe and Africa have risen in each of the last two years.
US exports were 2.6 million tons in October and 2.4 million tons in November, both volumes near record levels. Shipments totaled 24.1 million tons through November, up 14% on higher volumes to Japan, China, Mexico, Korea and many others.
From International Trader Publications’ Liquefied Propane Gas World Trade Report – a continuously updated on line analysis of global trade based on statistics from 60 countries.
Asia-Pacific’s imports from other regions of LDPE/LLDPE, HDPE, EVA and Ethylene Copolymers (Ethylene-alpha-Olefins Copolymers plus Other Ethylene Copolymers) are projected by International Trader Publications to be up by 15% at yearend 2017 versus 2016, to over 15.6 million tons. This is an increase of over 2 million tons. Continue reading
Trade in LDPE/LLDPE, HDPE, EVA and Ethylene Copolymers is projected by International Trader Publications to be up by 6% at yearend 2017 versus the prior year, to nearly 60 million tons.
The volume of ethylene polymers traded globally was up 7% through September 2017, to over 43 million tons of LDPE, LLDPE, HDPE, EVA and Copolymers shipped around the world.
Several major trade flows contributed to the 11% increase in the volume of LNG traded globally August 2017 YTD versus the same period last year. Continue reading
Global trade in PE film/sheet was nearly 5 million tons in 2016, up 7% from the prior year. Trade volume through July 2017 was up 6%. Trade within the regions of Western Europe, Asia-Pacific and North America, and also shipments between Western and Eastern Europe, are prominent trade patterns for PE film and sheet.
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.