Lower imports into Asia-Pacific’s two top markets, Korea and China, were reflected in the region’s trade in 2018. Imports from other regions were down and intra-regional trade volume was flat with the prior year.
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China’s LNG Imports Soar to a New Record in November, as Prices Rise
China imported a record 6 million tons of LNG during November 2018, raising the year to date import volume to 47.6 million tons, an increase of 43% from the same period in 2017.
Another Record for US Polyethylene Exports
US exports of ethylene polymers set a another record high in October, 2018, climbing to 706,300 tons. Volume in January was 494,000 tons.
Little Change in MEG Global Trade Volume Projected for 2018
ITP projects MEG trade volume for 2018 of 15.1 million tons, up 1% from 2017. This compares with an increase of 10% from 2016 to 2017. The trend in global trade volume generally indicates the trend in world demand.
US Cyclohexane Exports up 52% Through June, Mainly on Western European Shipments
The United States exported 118,500 tons of cyclohexane through June 2017, up 52% from the same period in 2016. Shipments hit a new monthly high of 35,000 tons in May, but slowed to 8300 tons in June.
Global Trends in Butadiene Monomer Trade in 2016
The volume of butadiene traded as imports and exports in 2016 was over 2.5 million tons, up 10% from 2015. Higher imports into Asia-Pacific and North America featured prominently in the increase in global volume.
United States Ethylene Exports up 10% in 2016
The US exported 165,000 tons of ethylene in 2016, up 10% from 2015, shipments to China, Taiwan and Belgium accounting for over three-quarters of the total.
Recent Changes in US Polyethylene Trade Flows
With construction continuing on massive new polyethylene capacity, US imports trended up to a new record high in the second half of the year, as US exports plummeted.
Cuba’s Polymer Imports
Cuba’s largest polymer imports are HDPE, LDPE and PET. Sizable volumes of polyethylene bags/sacks and polyethylene film/sheet are also imported. Volumes rose sharply in 2015 versus 2014.
Saudi Arabia – Butylene Imports
In 2015, several countries reported exports of butylene to Saudi Arabia totaling over 46,000 tons. Through April, 2016, over 44,000 tons have already been shipped to that market.