Tag Archives: China Polymer Trade Report

China’s Imports of Polyethylene Rebound in September; New Record Highs on Imports of HDPE and LDPE

After slowing in July and August, China’s imports of polyethylene rose strongly in September, 2020, and were accompanied by rising prices. Imports of conventional high pressure LDPE and HDPE set new records.

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China Imported Record Volumes of PE, PP, PS and PVC in June 2020

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.

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China’s Exports of Fabricated Plastic Products Lose Momentum in May 2020

While China’s imports of PE, PP and PVC hit new highs in May, China’s exports of key fabricated plastic products were flat at April levels. Slowing demand in the US was a factor for a number of products.

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China’s Imports of Polymers, and, Exports of Fabricated Plastic Products Showed Relatively Small Declines in Q1 of 2020. Exports of PE and PP set new records in March.

Imports of commodity polymers totaled 6.8 million tons in the first quarter, down 5% from the same period, pre-Covid-19, in 2019. Exports of a basket of fabricated plastic products were down 3%, to 2.6 million tons.

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Small Drop in China’s Tariffs on Polymer Imports from US

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.

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China’s PE Imports at Record Levels Despite the US/China Trade War

Duties of 25% on imports from the US of most polyethylene grades have had little effect on China’s total imports, which were at record levels from March through May, 2019.

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Changes in China’s Imports of Polyethylene by Region

In April 2019, for the second month in a row, China’s imports of ethylene polymers hit a new record high. Year to date, reduced volumes from North America were offset by increased volumes from Asia-Pacific sources.

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China’s PE Imports Reach a New High in March; Exports of Fabricated Plastic Products Dampened

China’s imports of ethylene polymers slowed only slightly for the New Year holiday in February and then shot to a new record in March 2019. Exports of fabricated plastic products, however, fell sharply in February, with only a partial rebound in March.

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