Tag Archives: China

China Reported Lower Imports of Most Major Polymers and Chemicals Through September, 2022

Of fifteen large volume imports, each exceeding 1 million tons, imports of only three products were up September 2022 YTD from the same period in 2021.

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EU Bans Imports of Most Polymers from Russia

On October 6, 2022 the EU placed additional sanctions on almost 7 billion Euro’s worth of imports from Russia. These included most polymers.

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Lower Polyolefin Exports from Russia Indicated by Trading Partner Import Statistics Through June 2022 and Projected Through August

Russia stopped publishing trade statistics after January 2022. Russia’s exports, however, are visible from trading partner import statistics in ITP’s World Trade Matrixes. These indicate declines for both Russia’s exports of polymers of ethylene and propylene.

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China’s Imports of Polyethylene Picked up in August, 2022; Reduced Volumes YTD Changed Trade Flows Globally

After several slow months China’s imports of ethylene polymers in August 2022 were up by 140,000 tons from July. The 12% fall off in imports YTD, to 10.5 million tons, led to increased exports by Asia-Pacific exporters to Western and Eastern Europe and Africa.

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China’s LNG Imports were Down 21% May 2022 YTD from May 2021 YTD. Imports from US and Other Sources Fell Sharply; Qatar, Russia and Trinidad-Tobago Supplied Higher Volumes

Weak economic activity over the last several months was evident from the drop by over 3 million tons, 21%, in China’s imports of LNG through May, to 26.6 million tons.

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China Commodity Polymer Trade April 2022 Reflected Continued Weak Economic Activity From Covid Lockdowns

Polymer imports in April were almost as low as during Chinese New Year; exports of PVC hit a new high and shipments of PET also remained high; exports of fabricated plastic products continued slow.

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Impressive 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.

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China’s Trade in Commodity Polymers March 2022 YTD

After nearly a year of low volumes, China’s imports of virgin commodity polymers posted a small increase in March. Exports of PVC and PET exports surged. Shipments of fabricated plastic products rebounded modestly after the Chinese New Year slowdown. These flows were likely impacted by Covid-related lockdowns, the effects of which on demand and production are expected to continue for some months to come.

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