After a brief spike in March following the Chinese New Year, imports into China trended downward, a different trend than had been seen over the last three years. Also unusual were exports out of China, which began rising toward the end of 2020 and soared to unprecedented levels in the first half of 2021.
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Unprecedented Rise in China’s Exports of PE and PP from March 2021.
While larger volume imports remain depressed, China’s exports of PE and PP soared from March through May.
Continue readingChina’s Demand for PE and PP Imports Dropped in April, 2021; Exports of PVC Continued at Record Levels
After a moderate rebound in imports in March, following the Chinese New Year Holiday, imports into China fell substantially in April. China exported extremely high volumes of PVC in both March and April.
Continue readingEthane Exports from US Hit New High in March 2021
The US exported a record 596,000 tons of ethane in March, 2021, volume YTD of 1.6 million tons up 23%. The US Energy Information Agency forecasts higher shipments to come.
Continue readingChina’s PVC Exports Surge to a New Record
China’s exports of uncompounded PVC in March 2021 hit a monthly record of 235,000 tons, with volume for the first quarter, 520,000 tons, up 233% from the same period in 2020.
Continue readingMassive Increase in China’s Polypropylene Exports in March
China exported 245,000 tons of polypropylene homopolymer in March, 2021, roughly ten times the volume exported in prior months.
Continue readingTight Supplies of PVC Lead to Record Prices on US Exports
The average price on US exports of PVC has doubled between June 2020 and January 2021 and further increases are expected in the wake of weather-related outages in February.
Continue readingMEG Exports From Saudi Arabia, Kuwait and UAE as of October, 2020 are Down from Last Year; Iran Shipped Higher Volumes
Competing shipments from North America impacted MEG exporters in the Middle East.
Continue readingRecent Trends in Styrene Exports from Kuwait and Saudi Arabia
Both Kuwait and Saudi Arabia exported more styrene through October, 2020, versus the same period last year, but Kuwait’s shipments to China increased while Saudi exports to that destination showed a decline.
Continue readingChina’s Imports of Polypropylene Jumped 25% in 2020, to 6.8 M Tons
Higher volumes were imported from Asia-Pacific, 4.9 million tons, up 24%, the Middle East, 1.4 million tons, up 26%, as well as all other regions. Average prices soared from August through December, reaching $1190/ton.
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