Lower imports into China were evident in the slowdown in trade within the Asia-Pacific region in 2018.Continue reading
The balanced nature of the propylene market in Western Europe in 2018 was evident in the region’s trade, with intra-regional trade up slightly from the prior year and declines on both imports and exports.Continue reading
On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.Continue reading
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.Continue reading
Propylene monomer global trade in 2017 was 8.0 million tons, up 2% from 2016.
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
Much higher propylene monomer exports from both North America and Western Europe to Latin America were among the trends visible in global propylene trade through March, 2016.
The volume of ethylene monomer traded globally in 2015 was up 12% from 2014; propylene monomer trade expanded 11%. Much higher shipments from North America to Asia-Pacific, and substantially reduced exports from the Middle East to that region, were prominent features of global ethylene trade. North America also exported much higher volumes of propylene, but nearly all of it to Latin America. The Middle East increased its propylene exports to Asia-Pacific.
United States’ exports of several chemicals surged in the first half of 2015: shipments of acetone, benzene, ethylene glycol, methanol, phenol, propylene and VAM were up 16% to 142% from the same period in 2014.
The volume of propylene monomer traded globally through August 2014 was down 2% from the prior year. The decline reflected, among other factors, reduced trade within Western Europe, further declines on exports from the Middle East to Asia-Pacific, and a sharp drop in North America’s exports to Latin America. Continue reading