Tag Archives: EDC

Most Widely-Traded Petrochemicals and Related Products Will Show Increased Global Trade Volume September 2024 YTD Versus September 2023 YTD

Gains or declines in global trade volume have wide-ranging implications for shippers, producers, marketers and planners.

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Trends in EDC and VCM Global Trade

Global trade volume for both EDC and VCM trended upward from 2018 through 2020 but then diverged, with profound changes in regional, and country, imports and exports over the period.

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2019 – the Baseline Year Before Covid-19

2019 was a particularly important year as a baseline because it showed trends that were evolving globally before massive dislocations from Covid-19.

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Phase I of the China – US Trade Agreement Includes Increased Imports into China of LNG, Liquefied Propane and Butane, Caustic Soda and Most Organic and Inorganic Chemicals

During the two-year period from January 1, 2020 through December 31, 2021, China has agreed to increase by $200 billion purchases from the United States of manufactured goods, agriculture, energy and services.

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China’s Trade June 2016 YTD: Generally Lower Imports; Big Gains on Some Exports

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

India: Strong Import Market for Many Polymers and Chemicals

In contrast to trends in China, India’s imports of many basic chemicals and polymers posted large percentage increases through the third quarter of 2015 versus the same period in 2014. Continue reading

Latest Trade Projections for 2015

Trade indicates trends in global demand. Increased trade volume generally indicates growth in demand; decreased trade volume indicates contraction. Continue reading

Focus on: Iran’s Polymer and Chemical Exports in the First Half of 2015

Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year.  These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading

Focus on: United States’ Chemical Trade in the First Half of 2015

United States’ exports of several chemicals surged in the first half of 2015:  shipments of acetone, benzene, ethylene glycol, methanol, phenol, propylene and VAM were up 16% to 142% from the same period in 2014.

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EDC/VCM – Major Trade Trends in 2014

ITP’s analysis of global trade projects a 3% increase in the volume of EDC traded in 2014 versus 2013, to over 3 million tons. VCM global trade volume contracted by 1%, to 3.5 million tons. Increases or decreases in global trade volume generally indicate the same trends in global demand.

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