Global trade in recycle polyethylene was down 14% through June 2018, the loss of China as an import market partly offset by higher imports into other Asia-Pacific markets and also Turkey.
China’s polyethylene imports rebounded strongly in November 2017. This followed a relatively small holiday-related decline in October, versus previous years. Imports of recycle polyethylene continued trending downward, to their lowest monthly volume in the 2013-2017 period.
China imported 11 million tons of ethylene polymers through October 2017, up 20%. Imports of all grades were up substantially and volume has been heavy since August.
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.
Through May, 2017, China imported a total of 5.4 million tons of ethylene polymers, up 17% from the same period in 2016. Iran supplied 823,000 tons, or 15%, of the total, down 7%. A restriction on imports into China from Iran, will likely be made up by Saudi Arabia, US, Korea and UAE, among others.
China’s exports of polypropylene homopolymer surged to a new high in March 2017 and continued heavy in April. Continue reading
China’s imports of recycle PET climbed through most of 2016, reaching a new high of 277,000 tons in December. The average price picked up slightly towards year end, to $456/ton.
The volume of PE bags and sacks (plus cones) traded globally in 2015 was 3.7 million tons. Trade volume in 2016 is projected to be up about 4%, to just over 3.8 million tons. Western European countries and the United States are major import markets; China is the world’s top exporter, although shipments from other countries are rising. Continue reading
March 2016 statistics show a rebound in China’s imports of both virgin and recycle commodity polymers. China’s exports of commodity polymers hit a record high.
In 2014, global trade in para-xylene totaled 15.8 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 12% from the same period in 2014, based on reporting countries. Global trade volume is an indicator of global demand.