China’s Trade June 2016 YTD: Generally Lower Imports; Big Gains on Some Exports

China’s imports of most polymers and chemical were lower in the first half of 2016 than in the same period in the prior year. Exceptions were imports of: ethylene, EVA, propylene oxide and, especially, methanol. China’s exports of PVC, polypropylene, PTA, VAM and non-expandable polystyene surged. Shipments of polyethylene also were up.

Imports into China were down by 2% to 10% through June 2016 for: ABS, acetone, DEG, epoxide resins, polycarbonates, HDPE, LLDPE, LDPE, propylene copolymers, propylene monomer.

Imports were down by 10% to 50% for: acrylonitrile, benzene, cumene, MEG, o-xylene, polypropylene, PSN, PSX, PTA, PVC.

Imports into China were up by 1% to 8% for: caprolactam, ethylene copolymers, EDC, polyacetals, p-xylene, styrene, VCM.

Imports of methanol jumped 63%, to 4.2 million tons.

The highest percentage gain on exports from China was on polypropylene, which jumped 65%. Other exports with strong gains were PET, PVC, PSN and PTA.

From: International Trader Publications’ World Trade Reports on each product. For a free trial contact ITP@itpweb.com