In addition to polyethylene, mainly in the form of conventional high pressure polymer, China has proposed tariffs on a number of other chemical and related products. The largest volumes potentially impacted include liquefied propane gas, PVC and EDC.
China’s Proposed Tariffs on PE Would Affect Relatively Small Volumes of US Exports
The volume of US exports of polyethylene that could potentially be exposed to punitive tariffs totaled 229,000 tons in 2017. Conventional high pressure low density polyethylene was 155,000 tons of that total. Continue reading
Western Europe Exported 2.4 Times as Much Recycle PE in 2017 as Did North America
Although virgin polyethylene production capacity is similar in both regions, Western Europe exported 1.4 million tons of recycle polyethylene in 2017, compared with 0.6 million tons exported by from North America.
Shipments in 2017 from both regions were mainly to Asia-Pacific, although 220,000 tons of its total was shipped by Western Europe to Eastern Europe. Exports from both Western Europe and North America declined versus 2016, by 15% and 9%, respectively.
As of January 2018, China’s imports of R-PE have virtually disappeared. Although R-PE imports into Vietnam, Malaysia, Turkey and other countries have been rising, their imports to date are much smaller than China’s. Because of the previous size of Western Europe’s R-PE exports, that region will likely be impacted by the loss of the Chinese market to a greater degree than will North America.
From International Trader Publications’ Recycle Polyethylene World Trade Review – a continuously updated on line analysis of trade trends between countries and regions, based on latest import/export statistics from 46 countries.
Trends in LNG Global Trade in 2017.
LNG global trade in 2017 was 280 million tons, up 8%.
Trends in Propylene Global Trade in 2017
Propylene monomer global trade in 2017 was 8.0 million tons, up 2% from 2016.
Trends in Ethylene Global Trade in 2017
Ethylene global trade in 2017 was 7.9 million tons up 10% from 2016.
Trends in Butadiene Global Trade in 2017
Butadiene global trade in 2017 was 2.7 million tons, up 7% from 2016.
Trends in Butylene Global Trade in 2017
Butylene global trade in 2017 was just over 1 million tons, a 2% increase from 2016.
US Exports of Recycle Polymers Were Down 14% in 2017; Imports into the US Rose 2%.
The US exported a total of 1.7 million tons of recycle polymers in 2017. Imports into the US of recycle polymers were 429,000 tons, up 2%. Continue reading
US Imported Record Volumes of Fabricated Plastic Products in 2017
Imports of fabricated plastic products that can be specifically identified by polymer were 3.5 million tons in 2017, up 17%. (Much larger volumes of fabricated products are imported as mixtures of polymers.) Imports were at record high levels for most of the year, including through the fourth quarter.