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.
Continue readingTag Archives: EDC
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.
Continue readingPhase 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.
Continue readingChina’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.
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.
Increased Global Trade Volume Projected for 2014 for Several Engineering Polymers and Other Products
Demand drives global trade. ITP projects increased global trade volume in 2014 versus 2013 for numerous products, indicating increased demand. Continue reading