For the second year in a row, imports of commodity polymers into China were down and exports of most commodity polymers were up, the result of weak demand due to Covid lockdowns. The year ended with commodity polymer imports totaling 25 million tons, down 9% from 2021. This followed a 19% drop in 2021 versus 2020. Commodity polymer exports were 10.8 million tons in 2022, up 22%. This followed a 74% jump in 2021 versus 2020.
Continue readingTag Archives: Chinese New Year
China’s Imports and Exports of Commodity Polymers Dropped With the Start of Chinese New Year on February 1st, but Trends Differed From Prior Periods.
Reflecting both new domestic capacity and weaker domestic demand, imports in February 2022 continued depressed and, unlike prior years, did not show the surge typically seen in the month prior to the national holiday. Exports surged in December, then slowed in January and February.
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 readingChina’s LNG Imports up 19% Through February 2019
Despite a steep drop in imports in February 2019 due to the Chinese New Year holiday, as well as slowing winter demand, China’s imports year to date, 10.9 million tons, were up 19% from the same two-month period in 2018.
Continue readingHuge jump in China’s polyolefin imports
The end of the Chinese New Year holiday, low prices, plus a new government stimulus effort and the anticipation of additional measures to come, resulted in a massive increase in China’s imports of polyolefin and other polymers in March, 2015. Continue reading
Typical Declines in China’s Trade in October 2011
China’s national holiday early in October was evident in both lower imports and exports of nearly all the products followed. Volume declines were generally typical for this period. Imports of a few basic chemicals increased: EDC, ethylene, methanol and propylene. Continue reading
China’s Polymer Imports Slow on Lower Demand
China’s imports of most polymers showed moderate declines through July 2011, ranging from down 2% to down 11%. Imports of EVA and propylene copolymers increased. Imports of methanol and ethylene were up sharply. Continue reading