While US sanctions currently target specific companies that facilitate exports of Iranian oil, Washington is weighing a broader move: sanctions on countries that import Iranian petrochemicals. This potential escalation could impact ethylene glycol, methanol, polyethylene, and liquefied butane and propane gases, among others, with wide-ranging implications for global trade flows. Iranian export statistics show China as the largest destination for these products. Volumes do not, however, correlate with China’s import statistics.
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Global Trade in Recyclable Polyethylene Slowed in 2023 and 2024
Global trade in recyclable PE contracted slightly in 2024, to 2.9 million tons, off 1% from 2023. This followed a 3% decline in 2023 versus 2022. Turkey was the world’s largest importer of recyclable PE; imports picked up in 2024 as the average price fell.
Continue readingIran’s Polymer Trade in 2018
Iran exported 3.6 million tons of commodity polymers in 2018, down 5% from the prior year. Imports were 198,000 tons, down 42%. Shipments of fabricated plastic products jumped 35%, to 224,000 tons.
Continue readingPolyethylene Sheets and Other Flat Products: Current Global Trade Trends
In 2014, global trade in polyethylene sheets and other flat products (film, foil and strip) totaled 4.4 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 3% from the same period in the prior year, based on reporting countries. Global trade volume is an indicator of global demand.
PVC Floor and Wall Coverings: Current Global Trade Trends
Nearly 3 million tons of flooring and wall coverings made from PVC were traded globally in 2014, up 11% from the prior year. Trade volume through June of 2015 was flat with last year, based on reporting countries. Global trade volume is an indicator of global demand. Continue reading