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.
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 →
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 →
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 →
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.
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.