Polypropylene yearend 2012 trade volume is projected to be up 2%; propylene copolymers trade volume, up 5%. Middle East exports surge. Continue reading
Projected Yearend Trade: Polyethylene
Global trade volume for the full year 2012 is projected to be up 7% for HDPE and 3% for LDPE, but down 2% for LLDPE. Higher Middle East exports play a key role.
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New Global Trade Coverage of PMMA
Because of the importance of PMMA in numerous end use applications, ITP has launched a new publication that provides comprehensive monthly coverage of PMMA polymer and sheet trade flows between countries and regions. The publication is based on detailed trade statistics from over 50 countries and captures nearly all of the world’s trade.
The first issue was published in September and covers trade through June 2012. Some of the trends visible in the first issue were:
1. The volume of PMMA polymer traded worldwide through June was 282,000 tons, down 2% from the same period last year. The volume of PMMA sheet traded was 258,000 tons, down 14%.
2. Eastern Europe was the world’s highest volume importing region for PMMA; North America, Western Europe and Eastern Europe were the leading importers of sheet.
3. China was the world’s top importing country for polymer, 112,746 tons, up 2%, and also for sheet, 48,800 tons, down 40%.
4. Asia-Pacific exports of PMMA polymer to Western Europe have nearly doubled year to date.
5. Asia-Pacific exports of PMMA sheet year to date have increased to Eastern Europe, North America, and, with the highest percentage gains, Latin America and the Middle East.
Imports of Scrap Polymer into China Are Up
Indicating good demand, imports into China of scrap polyethylene, polypropylene, PET and PVC totaled 5.6 million tons through August, 2012 up 4%. Continue reading
China’s Exports of Numerous Fabricated Plastic Products Continue High
Despite obvious economic issues in export markets, China’s exports of various fabricated plastic products were up. Continue reading
Heavy Polyolefin Imports Into China
Led by polyolefins, China’s imports of virgin commodity polymers rebounded strongly in August 2012 for the second month in a row. Continue reading