Lower imports into Asia-Pacific’s two top markets, Korea and China, were reflected in the region’s trade in 2018. Imports from other regions were down and intra-regional trade volume was flat with the prior year.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
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
Higher phenol exports from new capacity in Saudi Arabia was one factor in the 7% increase in global trade volume, to 3.0 million tons, projected for 2018.
If a trade accord between the US and the EU is finalized and the US puts in place more export terminals, LNG exports from the US will rise. Through May 2018, the US exported a total of LNG totaled 9.0 million tons, up 61% from the same period in 2017. Exports have been climbing since early 2016. Korea, Mexico and China were the top three export destinations to date, with relatively small volumes to the EU. Continue reading
The volume of liquefied natural gas traded globally through July 2017 exceeded 150 million tons, up 11% from last year, based on latest available trade statistics.
China’s imports of ethylene jumped back up to nearly 200,000 tons in June 2017, at an average price of $1077/ton, after two months around 160,000 tons per month. Volume in the first half of the year was up 48% from the same period in 2016.
The volume of liquefied propane gas traded globally as imports and exports was up 4% through June 2017, to over 34 million tons. Increased imports into Asia-Pacific and Western Europe and higher exports from North America, Africa and Middle East were prominent trends.
This new Report tracks the movement of liquefied butanes between all importing and exporting countries and regions. In 2016, trade volume was 35 million tons, up 1% from 2015. Preliminary data shows volume March 2017 YTD up 6%. Continue reading
Both China’s imports of ethylene monomer and propylene monomer soared to new highs in December 2016.