On May 18, 2025 China set a rate of 74.9% on imports of polyacetals from the US, 34.5% on imports from EU, and varying rates on imports from Japan and Taiwan. Imports from Japan were set a duty of 35.5%, except for Asahi Kasei, with a company-specific rate of 24.5%; imports from Taiwan were at 32.6%, except for Formosa Plastics, at 4%, and Polyplastics, at 3.8%.
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Africa’s ABS, SAN, Polyacetal, Polycarbonate, PMMA and PET Trade in 2024: Key Trends and Regional Shifts
Africa’s only sizable exports of engineering polymers are PET.
The region’s imports of PET are much larger. The region also imports small volumes of ABS, SAN, Polyacetal, PC, and PMMA.
Continue readingImports of Nearly All Widely Traded Polymers and Chemicals are NOT Exempt from the New Tariffs Announced by the US on April 2, 2025
The tariff situation is rapidly evolving. The Executive Order announced by the White House on April 2, 2025 to go into effect April 5 imposed a 10% general tariff on nearly all products imported into the US. This was to be followed by additional tariffs that would vary depending on the country. All of these may change as a result of currently ongoing negotiations.
In Annex II to the Executive Order, the White House exempted certain strategic goods. Most organic chemicals, polymers, and fabricated plastic products are not on this list and are not exempt.
Continue readingABS, SAN, Polyacetal, and PET (Bottle- & Film/Fiber-Grade) Global Trade Volume Rebounded Strongly in 2024; Polycarbonates Managed a Minor Gain; PMMA, down 1%
The rebound followed two years – 2022 and 2023 – of either declining or flat global trade volume for all of these polymers except bottle grade PET. This polymer posted a gain of 17% in 2022, a 5% decline in 2023, and another strong gain, up 15%, in 2024.
Continue readingMost Widely-Traded Petrochemicals and Related Products Will Show Increased Global Trade Volume September 2024 YTD Versus September 2023 YTD
Gains or declines in global trade volume have wide-ranging implications for shippers, producers, marketers and planners.
Continue readingEU Bans Imports of Most Polymers from Russia
On October 6, 2022 the EU placed additional sanctions on almost 7 billion Euro’s worth of imports from Russia. These included most polymers.
Continue readingWestern Europe Exports to Russia More of Most Major Polymers than it Imports from Russia, with the Exception of Polypropylene.
Western Europe’s polymer trade with Russia, particularly in polyolefins, styrenic polymers and PVC, will be impacted by sanctions and broken supply chains from the war in Ukraine.
Continue reading2019 – the Baseline Year Before Covid-19
2019 was a particularly important year as a baseline because it showed trends that were evolving globally before massive dislocations from Covid-19.
Continue readingSmall Drop in China’s Tariffs on Polymer Imports from US
As of February 14, 2020, China will knock 2.5% off the punitive tariffs applied on imports of many polymers from the US. Most of the tariffs have been in effect since 2018.
Continue readingChina’s Trade June 2016 YTD: Generally Lower Imports; Big Gains on Some Exports
China’s imports of most polymers and chemical were lower in the first half of 2016 than in the same period in the prior year. Exceptions were imports of: ethylene, EVA, propylene oxide and, especially, methanol. China’s exports of PVC, polypropylene, PTA, VAM and non-expandable polystyene surged. Shipments of polyethylene also were up. Continue reading