As of February 14, 2020, China will knock 2.5% off the punitive tariffs applied on imports of many polymers from the US. Most of the tariffs have been in effect since 2018.Continue reading
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.Continue reading
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.
US exports of polypropylene, propylene copolymers and polyisobutylene were down 14% through July 2018, to 1.1 million tons, while imports jumped 36%, to 370,000 tons.
The new year started off strong for US exports of polyolefins, with heavy shipments in January 2017 of HDPE, LLDPE, LDPE, polypropylene homopolymer and propylene copolymers. Continue reading
Although volumes are expected to drop in February, imports in January 2017 of LLDPE, HDPE, EVA, polypropylene, propylene copolymers all were up substantially from January 2016. Imports of recycle PE, PP and also PET posted gains. Shipments of fabricated plastic products remained at record levels for the third month in a row. Continue reading
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
Large volumes of both propylene copolymers and polypropylene homopolymer are traded globally. In 2015, propylene copolymer trade totaled 8.4 million tons, up 5%. This compared with 17.3 million tons of polypropylene homopolymer trade, up 3%.
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