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.
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 →