China’s imports through February 2023 of polyethylene, China’s largest commodity polymer import, showed no change versus February 2022 YTD. Imports of polypropylene posted a moderate increase. On the export side, however, China shipped substantially more of each major commodity polymer than in the same period in 2022.
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The United States Exceeds Iran in Exports of Polyethylene To China
From November 2022 through January 2023, the US shipped more polyethylene (all grades combined) to China than did Iran.
Continue readingUS Exports of Polyethylene and PVC Both Soared to New Highs in January 2023
US exports, very strong in the fourth quarter of 2022, set new records in January, 2023.
Continue readingMajor Expansion in US Exports of Polyethylene in 2022
The US exported 11. 4 million tons of ethylene polymers in 2022, up 24% from the prior year. Shipments increased to every world region and nearly every country.
Continue readingTrends in China’s Trade in Commodity Polymers in 2022
For the second year in a row, imports of commodity polymers into China were down and exports of most commodity polymers were up, the result of weak demand due to Covid lockdowns. The year ended with commodity polymer imports totaling 25 million tons, down 9% from 2021. This followed a 19% drop in 2021 versus 2020. Commodity polymer exports were 10.8 million tons in 2022, up 22%. This followed a 74% jump in 2021 versus 2020.
Continue readingITP Projects China’s Imports of Polyolefins Down Substantially in 2022; Smaller Volume Exports are Projected Up, Especially for Polyethylene.
Weak demand in China as a result of stringent Covid restrictions was reflected in lower imports of polyolefins into China, and higher exports out of China, in each of the last two years.
Continue readingChina’s Imports of Polyethylene Picked up in August, 2022; Reduced Volumes YTD Changed Trade Flows Globally
After several slow months China’s imports of ethylene polymers in August 2022 were up by 140,000 tons from July. The 12% fall off in imports YTD, to 10.5 million tons, led to increased exports by Asia-Pacific exporters to Western and Eastern Europe and Africa.
Continue readingUS Exports of Ethylene Polymers Surged in March, 2022, and Continued High in April
Shipments totaled 3.2 million tons through April, up 5.3% from the same period in 2021, on a big gain to Western Europe and higher volumes to all other regions except Asia-Pacific.
Continue readingChina Commodity Polymer Trade April 2022 Reflected Continued Weak Economic Activity From Covid Lockdowns
Polymer imports in April were almost as low as during Chinese New Year; exports of PVC hit a new high and shipments of PET also remained high; exports of fabricated plastic products continued slow.
Continue readingRussia’s Exports of Polyolefins to Western and Eastern Europe
Russia exports more than twice as much ethylene and propylene polymers to other Eastern European countries than it does to Western Europe. Turkey and Poland are the top two destinations in Eastern Europe. Flows to Poland, other EU countries within Eastern Europe, and the Ukraine are most likely to be affected by the war in Ukraine.
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