After trending higher since December and reaching record levels in March, the total volume of US exports across all the ethylene polymers was down in April. Shipments for the month were down 10% from March, but the magnitude of the decline varied greatly by specific polymer and also by region.
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US Exports of Ethylene Polymers Reach a New High in March 2020
The impact of the pandemic was not yet evident in US exports of ethylene polymers in the first quarter, which climbed each month to an all-time monthly high of 975,000 tons in March.
Continue readingKorea Exported Record Volumes of PE in March 2020 and Imported High Volumes of Fabricated Plastic Products, Trade with China a Key Factor
Shipments to China accounted for most of the surge in Korea’s exports; China was the source of most of Korea’s imports of fabricated plastic products.
Continue readingUnited States Exports of PE Trended Higher in January 2020
After slowing in November, 2019, US exports of ethylene polymers climbed in both December and January 2020. Little impact on volumes and prices from the corona virus is expected in US export statistics for February, with March and following months affected more severely.
Continue readingChina Removes Tariffs on Four Specific Grades of Polyolefins from the US, Prior to the Phase I China – US Trade Agreement
China removed the 25% tariff on imports from the US of specific grades of HDPE, linear low density polyethylene, polypropylene and ethylene-propylene copolymers as of December 26, 2019.
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 readingGlobal Trade Projected up 6%-9% in 2019 for Polyethylene; Down Slightly for Polypropylene
Latest import/export statistics from all available countries indicate strong growth in global trade volume for polyethylene by year end 2019 but a contraction for polypropylene. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.
Continue readingGlobal PE Trade Volume Up 12% Through May, 2019
The volume of ethylene polymer traded globally expanded by 12% through May 2019 versus the same period in the prior year, to over 26 million tons based on ITP’s analysis of most current available statistics for all polyethylene grades.
Continue readingChina’s PE Imports at Record Levels Despite the US/China Trade War
Duties of 25% on imports from the US of most polyethylene grades have had little effect on China’s total imports, which were at record levels from March through May, 2019.
Continue readingUS Exports of Polyethylene Continue Setting New Records, Despite the US/China Trade War
US exports of polyethylene reached successive new highs from March through May, 2019, with relatively little impact evident from reduced shipments to China.
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