Economic recovery was apparent in the stunning surge in China’s imports of virtually every major grade of commodity polymer in June. Import volume for the month, 3.6 million tons, was unprecedented and raised China’s YTD import total to 15.9 million tons, up 8% from the first half of 2019.Continue reading
2019 was a particularly important year as a baseline because it showed trends that were evolving globally before massive dislocations from Covid-19.Continue reading
As of February 14, 2020, China will knock 2.5% off the punitive tariffs applied on imports of many polymers from the US. Most of the tariffs have been in effect since 2018.Continue reading
Much higher imports of polyethylene and styrenic polymers, reduced polymer imports from the US, no imports of recycle polymers, and, record high exports of fabricated plastic products characterized China’s trade in 2018.Continue reading
China’s imports October YTD showed particularly strong gains on imports of ethylene-alpha-olefins copolymers (LLDPE) and styrenic polymers, versus the same period in 2017. Only imports of PVC were down.
China has reported aggregated statistics for its imports of major products, including polypropylene, ABS and PVC. Continue reading
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. Continue reading
March 2016 statistics show a rebound in China’s imports of both virgin and recycle commodity polymers. China’s exports of commodity polymers hit a record high.
In contrast to trends in China, India’s imports of many basic chemicals and polymers posted large percentage increases through the third quarter of 2015 versus the same period in 2014. Continue reading
Trade indicates trends in global demand. Increased trade volume generally indicates growth in demand; decreased trade volume indicates contraction. Continue reading