Tag Archives: HDPE

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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Prominent 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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US Exports of Some, But Not All, Ethylene Polymers Slow in April 2020

After trending higher since December and reaching record levels in March, the total volume of US exports across all the ethylene polymers was down in April. Shipments for the month were down 10% from March, but the magnitude of the decline varied greatly by specific polymer and also by region.

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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.

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Korea Exported Record Volumes of PE in March 2020 and Imported High Volumes of Fabricated Plastic Products, Trade with China a Key Factor

Shipments to China accounted for most of the surge in Korea’s exports; China was the source of most of Korea’s imports of fabricated plastic products.

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US Ethylene Polymer Exports, R-PE Trade, and Imports of PE Sacks and Bags as of February 2020

US exports of ethylene polymers continued strong through February 2020, volume near record levels. Shipments of recyclable polymer continued falling. Imports of PE sacks and bags from China dropped.

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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.

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Sharp Drop in Polyethylene Exports From Singapore and Korea to China in February 2020

Exports of ethylene polymers to China accounted for more than half of Singapore’s and Korea’s total exports in 2019 but shipments to China from both countries plummeted in January, and, especially, in February, the most current month available.

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