These regional trends were the same for both polymers: lower imports into Western and Eastern Europe and, with the biggest impact on global trade volumes, Asia-Pacific; increased imports into the smaller markets of Africa and Latin America; reduced exports from North America; mixed trends for Middle East exports; higher exports from Asia-Pacific.
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.
The volume of HDPE polymer traded globally, 7.3 million tons, was up 5% through May, 2015, based on reporting countries. Among the top exporting regions, shipments from the Middle East, Western Europe and Asia-Pacific increased; North America’s were down; markets shifted between exporters. Continue reading →