Saudi Arabia is China’s top supplier of HDPE, LLDPE, MEG, DEG and styrene and also ships large volumes of polypropylene, liquefied butane gas and liquefied propane gas, among others. The recent attack on Saudi oil facilities will reduce exports of polymers and chemicals, at the same time as imports from the US are curtailed by punitive duties.
China’s imports of most polymers and chemical were lower in the first half of 2016 than in the same period in the prior year. Exceptions were imports of: ethylene, EVA, propylene oxide and, especially, methanol. China’s exports of PVC, polypropylene, PTA, VAM and non-expandable polystyene surged. Shipments of polyethylene also were up. Continue reading →
ITP’s analysis of global trade in diethylene glycol indicates a 6% increase in the volume traded in 2014 versus 2013, to 1.4 million tons. Trends in global trade volume generally indicate trends in demand.
An increase in the amount of material being traded globally generally indicates an increase in demand. ITP currently projects global trade volume to be up 4% to 10% in 2014 from 2013 for a number of heavily traded polymers and chemicals. Continue reading →
Global trade volume is projected to be up 2% for both MEG and DEG in 2012 versus 2011. Robust import demand in Asia-Pacific was offset by declines in Europe and the Americas. For widely traded products, global trade is an indicator of apparent demand. Continue reading →