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
Lower imports into China were evident in the slowdown in trade within the Asia-Pacific region in 2018.Continue reading
Western Europe moved into first place in 2018 as the world’s largest exporter of ethylene monomer, ahead of the Middle East, North America and Latin America.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.
ITP projects MEG trade volume for 2018 of 15.1 million tons, up 1% from 2017. This compares with an increase of 10% from 2016 to 2017. The trend in global trade volume generally indicates the trend in world demand.
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.
Ethylene global trade in 2017 was 7.9 million tons up 10% from 2016.
Butadiene global trade in 2017 was 2.7 million tons, up 7% from 2016.
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.