A 14% increase in global LNG trade in 2018, to 318 million tons of imports and exports, is forecast by ITP based on the latest available statistics. This follows an 8% increase in global trade in 2017 versus 2016.
Tag Archives: Latin America
Polypropylene Global Trade Volume Projected up 1% in 2018
ITP projects polypropylene homopolymer trade volume for 2018 of 20 million tons, up 1% from 2017. This compares with an increase of 5% in 2017 versus 2016. The trend in global trade volume generally indicates the trend in world demand.
Polyethylene Global Trade Volume Projected up 5% for 2018
ITP projects global trade volume in 2018 of 62 million tons in all polymers of ethylene (LDPE/LLDPE, HDPE, EAOC, Copolymers and EVA), up 5% from 2017. This compares with an increase of 7% in 2017 versus 2016. The trend in global trade volume generally indicates the trend in world demand.
US Exports of Ethylene Polymers Up 20% Through July 2018
Reflecting new capacity, US exports of ethylene polymers (LDPE, LLDPE, EAOC, HDPE, EVA, Copolymers) trended upward from the last quarter of 2017 and climbed through several new highs through July 2018.
Overview of Brazil’s Commodity Polymer Trade July 2018 YTD
Brazil’s exports of commodity polymers trended downward through most of the first seven months of 2018. Imports were moderately higher; imports of fabricated plastic products rose strongly.
Trends in LNG Global Trade in 2017.
LNG global trade in 2017 was 280 million tons, up 8%.
Trends in Propylene Global Trade in 2017
Propylene monomer global trade in 2017 was 8.0 million tons, up 2% from 2016.
US Exports of Ethylene Polymers were down 2% in 2017
Shipments totaled 5.3 million tons for the year, with volumes at record high levels early in the year, a slowdown from May through November, then a surge in December.
China’s Imports of Recycle PET Down 14% in 2017
Monthly import volume fell to 64,000 tons in December, the price steady throughout the fourth quarter around $490/ton.
Middle East Propane Exports to Asia Down Two Years in a Row as North America’s Grow
Middle East exports of liquefied propane gas to Asia-Pacific are projected to be down 3% at yearend 2017, to 19.9 million tons. This follows a decline of 7% in Middle East shipments to the region in 2016 versus 2015. The Middle East’s much smaller exports to Africa also were down for the second year.
In contrast, North America’s exports to Asia-Pacific are projected to end up 18% in 2017, to 13.2 million tons. In 2016, North America’s shipments to that region had jumped 81% from the prior year.
North America’s exports to Western Europe and Latin America are projected to be down in 2017 but shipments to Eastern Europe and Africa have risen in each of the last two years.
US exports were 2.6 million tons in October and 2.4 million tons in November, both volumes near record levels. Shipments totaled 24.1 million tons through November, up 14% on higher volumes to Japan, China, Mexico, Korea and many others.
From International Trader Publications’ Liquefied Propane Gas World Trade Report – a continuously updated on line analysis of global trade based on statistics from 60 countries.