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.
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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.
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.
Continue readingKorea Exported Record Volumes of PE in March 2020 and Imported High Volumes of Fabricated Plastic Products, Trade with China a Key Factor
Shipments to China accounted for most of the surge in Korea’s exports; China was the source of most of Korea’s imports of fabricated plastic products.
Continue readingUS Exports of LNG Drop in February 2020
Sharp Drop in Polyethylene Exports From Singapore and Korea to China in February 2020
Exports of ethylene polymers to China accounted for more than half of Singapore’s and Korea’s total exports in 2019 but shipments to China from both countries plummeted in January, and, especially, in February, the most current month available.
Continue readingUS Exports of LNG Continued To New Highs in January 2020, Volume Doubling From the Prior January
The US exported 5.4 million tons of LNG in January 2020, up 99% from January 2019 on much higher volumes to traditional markets, plus shipments to new markets.
Continue readingGlobal 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.
Continue readingGlobal LNG Trade Projected Up 4% in 2019; Huge Shifts in Trade Between Regions
LNG trade is projected to exceed 340 million tons by year end 2019, up 4% from 2018, based on latest available statistics from 90 countries. Major increases in exports from US and Russia are impacting trade flows globally.
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