The strike begun at midnight, September 30th, by the International Longshoreman’s Association, has the potential to disrupt US polymer exports, particularly of polyethylene and PVC, particularly large volumes of which are shipped out of Houston-Galveston, Texas.
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Trends in EDC and VCM Global Trade
Global trade volume for both EDC and VCM trended upward from 2018 through 2020 but then diverged, with profound changes in regional, and country, imports and exports over the period.
Continue readingUS Exports of Ethylene Polymers August 2022 YTD Were 20% Higher Than August 2021 YTD but the Relative Distribution by Region Remained Almost Unchanged
The United States reported exports of 7.45 million tons of ethylene polymers through August, 2022, up 20% from the same period in 2021. Exports increased to every region but there were minor changes in each region’s percent of total.
Continue readingImpressive Surge in US Exports of Polyethylene in March, 2022
The United States exported 966,000 tons of ethylene polymers in March, 2022, an increase of 160,000 tons over February. Shipments of every PE grade were up in March. Further increases are likely with startup of new capacity.
Continue readingTrends in United States Exports of Recyclable Polymers
The US exported 557,000 tons of recyclable polymers in 2021, one-third the volume of what was shipped in 2017. In addition to a sharp decline in volume over that period, the distribution of US exports changed. Latin America and Canada now account for a greater share of the total, although Asia-Pacific remains the largest volume destination. Further declines in US exports to Asia-Pacific are likely given the decision by CMA CGM, the US’s largest shipper of these materials, to end shipments as of June 1, 2022.
Continue readingTrends in United States’ Trade in Commodity Polymers in 2021
Imports of commodity polymers into the US in 2021 were the highest volume ever reported, 7.0 million tons, an increase of 1 million tons, 16%, from the prior year. The increase in imports, and also the drop in US exports by 15%, to 14.2 million tons, reflected strong domestic demand, US production issues and logistical problems. Demand is likely to continue strong in 2022. New US capacity and the gradual resolution of supply chain issues will likely result in further declines in imports and rising exports.
Continue readingUS Exports of PVC Were Down 17% Through July; Further Declines Expected
The shutdown of several PVC facilities by Shintech, Westlake and Formosa Plastics due to Hurricane Ida will impact US exports, which were already down substantially from last year as of July.
Continue readingHuge Increases in Brazil’s Imports of Polyethylene, Polypropylene and PVC Through June 2021
Brazil’s imports soared to record levels in the last half of 2020 and continued there through June of 2021. Exports during the period fell to record lows.
Continue readingTrends in US Exports of Recyclable Polymers
US exports of recyclable polymers fell from nearly 2 million tons in 2016 to 624,000 tons in 2020. The rate of decline slowed from 2018 through 2020 but new US government initiatives to cut greenhouse gases and reduce plastic waste may have an impact.
Continue readingUS Imports of Bottle-Grade PET Soar
Imports in January 2021 were double what they were in the prior January. Volume trended higher for most of 2020, reaching several new record highs.
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