Of fifteen large volume imports, each exceeding 1 million tons, imports of only three products were up September 2022 YTD from the same period in 2021.Continue reading
Tag Archives: ethylene
Widely Differing Trends in Ethylene and Propylene Monomer Global Trade 2016-2020
Global trade in ethylene and propylene monomer fluctuated over the five-year period, with a sharp downturn in 2020.Continue reading
China’s Imports of Polymers, and, Exports of Fabricated Plastic Products Showed Relatively Small Declines in Q1 of 2020. Exports of PE and PP set new records in March.
Imports of commodity polymers totaled 6.8 million tons in the first quarter, down 5% from the same period, pre-Covid-19, in 2019. Exports of a basket of fabricated plastic products were down 3%, to 2.6 million tons.Continue reading
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 reading
Huge Increases in Western Europe’s Imports of Ethylene and Propylene in 2019 from North America, Latin America and Middle East
Imports of ethylene into Western Europe increased by over 200% in 2019 versus 2018, and imports of propylene jumped 70%, based on latest statistics from reporting countries.Continue reading
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.Continue reading
China’s Imports of Olefins from the United States
On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.Continue reading
US-China Trade War Update
The March 1 deadline for an increase from 10% to 25% in tariffs by the US on $200 Billion of imports from China has been postponed, but tariffs on many polymers and chemicals put in place earlier by both countries remain.Continue reading
Trends in Ethylene Global Trade in 2017
Ethylene global trade in 2017 was 7.9 million tons up 10% from 2016.
Ethylene Imports into China Back to Record Levels
China’s imports of ethylene jumped back up to nearly 200,000 tons in June 2017, at an average price of $1077/ton, after two months around 160,000 tons per month. Volume in the first half of the year was up 48% from the same period in 2016.