Record Imports into China of LLDPE and HDPE, and, Changes in Suppliers

As it did in 2009 during the financial crisis, China buttressed the global petrochemical industry with record imports of LLDPE and HDPE during the 2020 pandemic. Volume was heavy from May through October 2020. Much higher imports from North America (US), Eastern Europe (Russia) and other Asia-Pacific, and a drop in imports of LLDPE from the Middle East, were prominent supply changes.

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China’s Imports of Polyethylene Rebound in September; New Record Highs on Imports of HDPE and LDPE

After slowing in July and August, China’s imports of polyethylene rose strongly in September, 2020, and were accompanied by rising prices. Imports of conventional high pressure LDPE and HDPE set new records.

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Polypropylene and Propylene Copolymers Global Trade Grew by over 3.5% per Year from 2016 to 2020

Polypropylene homopolymer global trade volume increased by 3.7% CAGR from 2016 through 2020 (projected). Propylene copolymers trade grew by 3.6% CAGR. For products that are widely traded, such as these polymers, growth in global trade volume generally reflects growth in global demand.

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Sharp Rise in Polycarbonate Film and Sheet Global Trade Projected for 2020, up 22%

Many countries reported record high imports of PC film and sheet from the second quarter of the year, on strong demand for personal protection equipment.

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Unprecedented Imports of PMMA Film/Sheet Globally

The need for PMMA film and sheet in personal protective equipment resulted in a stunning surge in imports into countries all over the globe during the April – August 2020 period, and also record exports from several.

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