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.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
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%.Continue reading
Korea exported 10 million tons of commodity polymers in 2018, up 4% from the prior year, imported 900,000 tons of commodity polymers, up 15%, plus an additional 150,000 tons of recycle polymers, up 141%.Continue reading
Much higher imports of polyethylene and styrenic polymers, reduced polymer imports from the US, no imports of recycle polymers, and, record high exports of fabricated plastic products characterized China’s trade in 2018.Continue reading
Although trade data for July for the US does not reflect new tariffs of 25% on many fabricated plastic products from China, US statistics showed record volumes being imported each month from May through July.
Singapore imported 1.7 million tons of commodity polymers through July 2018, up 11%, and exported 4.2 million tons, up 6%.
Brazil’s exports of commodity polymers trended downward through most of the first seven months of 2018. Imports were moderately higher; imports of fabricated plastic products rose strongly.
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.
China’s shipments of a wide variety of fabricated plastic products climbed 10% in 2016, to 9.2 million tons, the fourth year in a row of gains.