Tag Archives: HDPE

Record Imports into China of LLDPE and HDPE, and, Changes in Suppliers

As it did in 2009 during the financial crisis, China buttressed the global petrochemical industry with record imports of LLDPE and HDPE during the 2020 pandemic. Volume was heavy from May through October 2020. Much higher imports from North America (US), Eastern Europe (Russia) and other Asia-Pacific, and a drop in imports of LLDPE from the Middle East, were prominent supply changes.

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China’s Imports of Polyethylene Rebound in September; New Record Highs on Imports of HDPE and LDPE

After slowing in July and August, China’s imports of polyethylene rose strongly in September, 2020, and were accompanied by rising prices. Imports of conventional high pressure LDPE and HDPE set new records.

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Export volumes of Key US Petrochemical and Gas Products to China Have Risen Sharply Under the Phase I Trade Deal

US exports through August 2020 of a number of polymers, liquefied gases and organic chemicals showed huge percentage increases versus the same period in 2019.

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China’s PE and PP Imports Slow in July and August 2020

China’s imports of ethylene polymers dropped from a record high of 2.1 million tons in June to 1.8 million tons in August. Imports of propylene polymers fell from 840,000 tons in June, another record, to 580,000 tons. Despite the declines, imports YTD are up substantially for both polymer groups.

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China Imported Record Volumes of PE, PP, PS and PVC in June 2020

Economic recovery was apparent in the stunning surge in China’s imports of virtually every major grade of commodity polymer in June. Import volume for the month, 3.6 million tons, was unprecedented and raised China’s YTD import total to 15.9 million tons, up 8% from the first half of 2019.

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The United States is Back. New Record High on PE Exports in May 2020, Much Higher Shipments to China a Key Factor.

US exports of ethylene polymers rose to 1.0 million tons in May, 2020, an all-time high, after slowing to 885,000 tons in April. The average price across the major polymer groups fell to $921/ton.

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China is Back. Imports of PE and PP Hit New Highs in May 2020.

After a slow beginning to the year as China battled the Corona virus, polyolefin imports picked up moderately in March and April then soared to new record highs in May. Prices continued their steep declines.

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