An important trend since March 2016 has been record exports of polymers from China. Exports of PVC surged in March and continued high through August, as did exports of PET. Shipments of polyolefins were heavy from March through June/July, but slowed in August.
In 2014, global trade in polyethylene sheets and other flat products (film, foil and strip) totaled 4.4 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 3% from the same period in the prior year, based on reporting countries. Global trade volume is an indicator of global demand.
China’s exports of PET polymer, most of which is bottle-grade, reached a new record in July, 2013 of 217,000 tons. Shipments to all world regions increased, with the heaviest volumes exported to Asia-Pacific, Eastern Europe, Africa and Latin America. Continue reading →
Historically low imports of recycle polymers, heavy imports of virgin HDPE, record high exports of PET, and, a strong upward trend in exports of fabricated plastic products were features of China’s trade in the first half of 2013. Continue reading →