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 reading
The March 1 deadline for an increase from 10% to 25% in tariffs by the US on $200 Billion of imports from China has been postponed, but tariffs on many polymers and chemicals put in place earlier by both countries remain.Continue reading
The volume of polyethylene bags and sacks (also includes cones) traded globally in 2016 was nearly 4 million tons, up 4% from the prior year. Trade volume through May is up 7%.
China’s exports of fabricated plastic products surged in December 2015 and ended the year up 6% from 2014. Exports of several large-volume fabricated products set new record highs.