After months of rising exports, that peaked in January 2020 at 5.4 million tons, US exports of LNG slipped to 4.7 million tons in February mainly on a steep drop in shipments to Korea.
Tag Archives: China
Sharp Drop in Polyethylene Exports From Singapore and Korea to China in February 2020
Exports of ethylene polymers to China accounted for more than half of Singapore’s and Korea’s total exports in 2019 but shipments to China from both countries plummeted in January, and, especially, in February, the most current month available.
Continue readingUnited States Exports of PE Trended Higher in January 2020
After slowing in November, 2019, US exports of ethylene polymers climbed in both December and January 2020. Little impact on volumes and prices from the corona virus is expected in US export statistics for February, with March and following months affected more severely.
Continue readingIran Increases Exports of Polymers in 2019
Exports out of Iran, visible from trading partner imports, were up 23% for ethylene polymers in 2019, 28% for styrenic polymers, and 5% for vinyl polymers. Exports of propylene polymers fell.
Continue readingChina’s Imports of Ethylene Polymers were up 19% in 2019; Imports of Propylene Polymers were up 9%.
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.
Continue readingChina’s Ban on Plastic Bags Likely to Impact Imports of Polymers and Exports of PE Bags
By the end of 2020, China will ban plastic bags in major cities and, by 2022, country-wide. China is the world’s largest importer of the polyethylene used to manufacture bags, in addition to producing large volumes of polyethylene domestically. China exports large volumes of polyethylene bags.
Continue readingChina Removes Tariffs on Four Specific Grades of Polyolefins from the US, Prior to the Phase I China – US Trade Agreement
China removed the 25% tariff on imports from the US of specific grades of HDPE, linear low density polyethylene, polypropylene and ethylene-propylene copolymers as of December 26, 2019.
Continue readingChina’s Imports of Ethylene Polymers Hit a New High in November, 2019. Fabricated Product Exports Remained Depressed.
China’s imports of ethylene polymers surged in November in advance of the Chinese New Year holiday that begins January 25, 2020. Exports of fabricated products trended higher in October and November, but remained below levels reached earlier in the year, and also in 2018, largely because of the trade war with the US.
Continue readingGlobal Trade in P-Xylene Projected Down 2% in 2019
Trade volume by year end is projected at 22 million tons, down 2% from 2018 based on the latest statistics from 50 countries. This compared with an 11% gain in global trade volume in 2018 versus 2017. Prominent trends in 2019 include a drop in Asia-Pacific intra-regional trade, increased exports from the Middle East, and lower shipments from North America.
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