Tag Archives: Iran

China’s Imports of Ethylene Polymers Were up 11% in 2020, to 21.3 M Tons, Although Volume Slowed in the Fourth Quarter

Imports of HDPE were 9.1 million tons in 2020, up 14% from the prior year; linear polymer as EAOC, 6.7 million tons, up 17%; LDPE, 3.4 million tons, down 1%; and EVA, 1.0 million tons, down 3%. Much higher volumes from North America and Eastern Europe and little growth in supplies from the Middle East were striking trends.

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Contrasts Between Iran and United Arab Emirates Exports of Polyethylene

Iran and UAE do not publish timely trade statistics, but, their exports are visible in large part from trading partner import statistics. For Iran, these show a drop in polyethylene exports through August 2020 and dependence on a limited number of markets; for UAE, these show export growth and a broader range of markets.

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China’s Imports of Polyethylene Rebound in September; New Record Highs on Imports of HDPE and LDPE

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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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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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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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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