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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Growth 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.
Continue readingThe 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.
Continue readingChina 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.
Continue readingProminent Trends in Western Europe’s Polyethylene Trade Through April 2020 Point to Slower Demand
A slowdown in intra-regional trade and generally lower imports from other regions, with one key exception, were prominent trends in Western Europe’s PE trade, based on the most current data available.
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