On August 23rd, the US imposed tariffs of 25% on imports of a number of fabricated plastic products from China, including film/sheet from PE and PP, tubes/pipes from PE and PP and monofilament from PE. US imports from China of all these products except PE film/sheet were down in August versus July.
Exports from the US of commodity polymers trended higher through most of the first half of 2018 and set a new record in June. Imports of fabricated plastic products also hit a new high in June.
Preliminary figures for 2016 indicate a 6% increase in global trade volume in polyethylene film and sheet, to just under 5 million tons.