It was a challenging year for the world’s largest volume exporter of most grades of polyethylene and polypropylene. Weak demand in Asia-Pacific and competition from North America and Asia-Pacific resulted in a drop in Middle East exports of LPDE, EVA, polypropylene homopolymer, and propylene copolymers versus the prior year, and shifts in regional destinations.
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LNG Imports into Western Europe Projected Up 75% in 2019 from 2018
Western Europe will import 63 million tons of LNG by year end 2019, based on projections from latest available statistics. Volumes from Eastern Europe and North America are expected to quadruple; supplies from other regions to rise 22 – 36%.
Continue readingLNG Global Trade up 11% Through July
The volume of liquefied natural gas traded globally through July 2017 exceeded 150 million tons, up 11% from last year, based on latest available trade statistics.
Global Trade in LPG up 4% June 2017 YTD: Higher Imports into Asia-Pacific and Western Europe
The volume of liquefied propane gas traded globally as imports and exports was up 4% through June 2017, to over 34 million tons. Increased imports into Asia-Pacific and Western Europe and higher exports from North America, Africa and Middle East were prominent trends.
Recent trends in Algeria’s Trade
Algeria is a sizable importer of all of the major commodity polymers. Algeria exports methanol and small volumes of benzene.
Africa’s Polyethylene Import Trends
Africa, in addition to Latin America, is an increasingly important market for polyethylene exporters, particularly those in the Middle East, as demand in Europe and Asia eases. Continue reading
HDPE: Current Global Trade Trends
The volume of HDPE polymer traded globally, 7.3 million tons, was up 5% through May, 2015, based on reporting countries. Among the top exporting regions, shipments from the Middle East, Western Europe and Asia-Pacific increased; North America’s were down; markets shifted between exporters. Continue reading