Tag Archives: polypropylene

Reduced Supplies from Saudi Arabia Adds Pressure on China in the Trade War with US

Saudi Arabia is China’s top supplier of HDPE, LLDPE, MEG, DEG and styrene and also ships large volumes of polypropylene, liquefied butane gas and liquefied propane gas, among others. The recent attack on Saudi oil facilities will reduce exports of polymers and chemicals, at the same time as imports from the US are curtailed by punitive duties.

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Global Trade Projected up 6%-9% in 2019 for Polyethylene; Down Slightly for Polypropylene

Latest import/export statistics from all available countries indicate strong growth in global trade volume for polyethylene by year end 2019 but a contraction for polypropylene. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.

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US Commodity Polymer Trade in 2018

US statistics for December, delayed by the government shutdown, are now available and show large increases for the year on exports of ethylene polymers, on imports of propylene polymers and PET, and, on imports of some fabricated plastic products.

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US-China Trade War Update

The March 1 deadline for an increase from 10% to 25% in tariffs by the US on $200 Billion of imports from China has been postponed, but tariffs on many polymers and chemicals put in place earlier by both countries remain.

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Brazil’s Polymer Trade in 2018

Brazil imported 1.9 million tons of commodity polymers in 2018, up 11%. Exports were smaller, 1.6 million tons, and fell by 17%. Trade in recycle polymers was minor, noting a sharp drop in exports. Fabricated plastic product imports totaled 173,000 tons, up 9%; exports were 133,000 tons, up 3%.

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Polypropylene Global Trade Volume Projected up 1% in 2018

ITP projects polypropylene homopolymer trade volume for 2018 of 20 million tons, up 1% from 2017. This compares with an increase of 5% in 2017 versus 2016. The trend in global trade volume generally indicates the trend in world demand.

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Overview of Thailand’s Commodity Polymer Trade July 2018 YTD

There was a strong upward trend in Thailand’s exports of commodity polymers through most of the first seven months of the year. Imports of virgin commodity polymers were up slightly; imports of recycle polymers soared.

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