China’s imports of most polymers and chemical were lower in the first half of 2016 than in the same period in the prior year. Exceptions were imports of: ethylene, EVA, propylene oxide and, especially, methanol. China’s exports of PVC, polypropylene, PTA, VAM and non-expandable polystyene surged. Shipments of polyethylene also were up. Continue reading
China’s imports of these basic chemicals increased by 15% to 100% in 2015 versus 2014.
The volume of p-xylene traded globally in 2015 was up 8% from 2014, indicating a significant increase in global demand. A strong expansion of trade within the Asia-Pacific region, lower imports into the region, much higher imports into North America and reduced exports were prominent trends during the year.
In contrast to trends in China, India’s imports of many basic chemicals and polymers posted large percentage increases through the third quarter of 2015 versus the same period in 2014. Continue reading
Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year. These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading
In 2014, global trade in para-xylene totaled 15.8 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 12% from the same period in 2014, based on reporting countries. Global trade volume is an indicator of global demand.
Continued weak demand for p-xylene in Western Europe was apparent from the 37% drop in the region’s intra-regional trade, the 23% drop in imports, and the 72% increase in exports through September 2014, based on reporting countries. Continue reading
Prominent trends year to date included increased exports of paraxylene from both the Middle East and Western Europe to Asia-Pacific; much lower exports from North America to Asia-Pacific but increased volumes to Latin America. Continue reading