Imports of HDPE were 9.1 million tons in 2020, up 14% from the prior year; linear polymer as EAOC, 6.7 million tons, up 17%; LDPE, 3.4 million tons, down 1%; and EVA, 1.0 million tons, down 3%. Much higher volumes from North America and Eastern Europe and little growth in supplies from the Middle East were striking trends.
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Korea’s Polyethylene Exports Down in November and December, on Lower Demand from China
Korea exported record volumes of polyethylene for most of 2020, but shipments dropped toward yearend on much lower volumes to China.
Continue readingRecord 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.
Continue readingChina’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.
Continue readingGrowth in HDPE, LDPE and LLDPE Global Trade Volume
Trade expanded at widely varying rates from 2017 to 2020. HDPE grew at an average annual rate of 6.5%, LDPE at 2.5%, and LLDPE at 14%.
Continue readingExport 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.
Continue readingChina’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.
Continue readingUS Polyethylene Exports Soar to China in May and June 2020
China has been the top US export destination for polyethylene since May, 2020.
Continue readingChina 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.
Continue readingNew Capacity in North America Impacts Middle East Polyethylene Exports
North America exported higher volumes of polyethylene to every world region through May 2020, while Middle East exports to every region were down.
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