Tag Archives: India

Sharp Rise in Polycarbonate Film and Sheet Global Trade Projected for 2020, up 22%

Many countries reported record high imports of PC film and sheet from the second quarter of the year, on strong demand for personal protection equipment.

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China’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.

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Global Trade in P-Xylene Projected Down 2% in 2019

Trade volume by year end is projected at 22 million tons, down 2% from 2018 based on the latest statistics from 50 countries. This compared with an 11% gain in global trade volume in 2018 versus 2017. Prominent trends in 2019 include a drop in Asia-Pacific intra-regional trade, increased exports from the Middle East, and lower shipments from North America.

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US Exports of Recycle Polymers Down 46% as of July 2019; Further Declines Likely From India’s Ban on Recycle Polymer Imports

The US shipped 406,000 tons of recycle polymers through July, 2019, down 46% from the same period in the prior year. China’s total ban on imports of recycle polymers as of 2018 was a key factor in the decline. Further declines in US exports are expected as India has announced it will also ban all recycle polymer imports.

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China’s PE Imports at Record Levels Despite the US/China Trade War

Duties of 25% on imports from the US of most polyethylene grades have had little effect on China’s total imports, which were at record levels from March through May, 2019.

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