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.
Continue readingUnited States Exports of PE Trended Higher in January 2020
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.
Continue readingChina’s Imports of Ethylene Polymers were up 19% in 2019; Imports of Propylene Polymers were up 9%.
Small Drop in China’s Tariffs on Polymer Imports from US
As of February 14, 2020, China will knock 2.5% off the punitive tariffs applied on imports of many polymers from the US. Most of the tariffs have been in effect since 2018.
Continue readingChina Removes Tariffs on Four Specific Grades of Polyolefins from the US, Prior to the Phase I China – US Trade Agreement
China removed the 25% tariff on imports from the US of specific grades of HDPE, linear low density polyethylene, polypropylene and ethylene-propylene copolymers as of December 26, 2019.
Continue readingChina’s Imports of Ethylene Polymers Hit a New High in November, 2019. Fabricated Product Exports Remained Depressed.
China’s imports of ethylene polymers surged in November in advance of the Chinese New Year holiday that begins January 25, 2020. Exports of fabricated products trended higher in October and November, but remained below levels reached earlier in the year, and also in 2018, largely because of the trade war with the US.
Continue readingTrends in Western Europe’s Imports of Polyethylene in 2019
Imports of linear low density polyethylene into Western Europe from North America are projected to nearly equal the region’s imports from the Middle East by year end 2019, based on latest available statistics from 90 countries. Imports of HDPE from North America are trending sharply higher. Imports of both LLDPE and HDPE from the Middle East declined in 2018 and are projected down in 2019.
Continue readingChina’s Imports of Polyethylene from the Middle East Continue to climb – Except for EVA
Imports of All Polymers of Ethylene (APOE) into Asia Pacific from the Middle East were up 9% through September 2019, to 10.5 million tons.
Continue readingChina’s PE Imports Grow; Supplies from the US to Shrink Further
China imported 11 million tons of ethylene polymers through July, 2019, up 19% from the same period in the prior year. The US supplied 3.6% (397,000 tons) of the total, down from 5.2% (839,000 tons) at the end of 2018.
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