Global trade in propylene copolymers was 10 million tons in 2022, down 3% from the prior year. ITP projects another decline of 3% in 2023, to 9.7 million tons.
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China’s LNG Imports were Down 21% May 2022 YTD from May 2021 YTD. Imports from US and Other Sources Fell Sharply; Qatar, Russia and Trinidad-Tobago Supplied Higher Volumes
Weak economic activity over the last several months was evident from the drop by over 3 million tons, 21%, in China’s imports of LNG through May, to 26.6 million tons.
Continue readingHuge Increases in Brazil’s Imports of Polyethylene, Polypropylene and PVC Through June 2021
Brazil’s imports soared to record levels in the last half of 2020 and continued there through June of 2021. Exports during the period fell to record lows.
Continue readingUnprecedented 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 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 readingNew High on LNG Exports from the United States in November, 2020, China a Factor
US exports slowed during the second quarter of 2020, hovered at a low around 2 million tons per month from June through August, then climbed sharply, to over 6 million tons in November.
Continue readingSharp Drop in Global Isocyanates Trade Through May 2020 and Projected for Year End
The volume of isocyanates (combined MDI, TDI and other) traded through May 2020 was down 10% from the same period last year, based on latest available statistics. Asia-Pacific and Western Europe, accounting for more than half of global trade volume, each saw trade contract within their regions, with lower imports.
Continue readingChina 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.
Continue readingUS Shipments of LNG in April 2020 Were Off 14% from March. China Topped the List of Export Destinations.
The US exported 4.4 million tons of liquefied natural gas in April, 2020, still a very high volume but down from 5.1 million tons in March.
Continue readingUS Exports of Some, But Not All, Ethylene Polymers Slow in April 2020
After trending higher since December and reaching record levels in March, the total volume of US exports across all the ethylene polymers was down in April. Shipments for the month were down 10% from March, but the magnitude of the decline varied greatly by specific polymer and also by region.
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