Weak demand, competition in export markets and imports from other regions were reflected in Western Europe’s trade in polyethylene, polypropylene, polystyrene and PVC in 2024.
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China’s Trade in Commodity Polymers Has Shifted by 20 Million Tons from 2020 to 2024 – Imports Have Dropped by 10 million tons, Exports Have Risen by 10 Million Tons
The changes in China’s trade in polyethylene, polypropylene, styrenic polymers, PVC and PET have profoundly impacted trade flows for both exporting and importing countries.
Continue readingPolyethylene is Traded Globally in Three Forms
Global trade in virgin polyethylene, fabricated polyethylene products and recyclable polyethylene is quantifiable and gives a more complete understand of trends for this polymer.
Continue readingUS Dockworkers Strike Would have Impacted Large Volumes of PE and PVC Polymer Exports
The strike begun at midnight, September 30th, by the International Longshoreman’s Association, and ended a few days later, had the potential to disrupt US polymer exports, particularly of polyethylene and PVC, particularly large volumes of which are shipped out of Houston-Galveston, Texas.
Continue readingTrends in US Exports of LNG, Liquefied Propane, Ethane, and Butane
Through July, 2024, the United States exported 53.1 million tons of LNG, up 2% from the same period in the prior year. The US also exported large volumes of other gases, some of which are produced during natural gas processing: 28.5 million tons of liquefied propane gas, up 10%, 5.8 million tons of liquefied ethane, down 3%, and 4.8 million tons of liquefied butane gas, down 2%.The US Energy Information Agency says that five new LNG export projects are under construction in the US, with shipments from two projects lilkely to begin at the end of 2024.
Continue readingMajor Trends in China’s Polymer Trade August 2024 YTD: Low Polyolefin Imports; Growing Polymer Exports; Record Shipments of Plastic Products
A slow economy, weak domestic demand and the availability of new capacity are reflected in China’s polymer trade. Through August, China imported 15.9 million tons of commodity polymers, unchanged from the same period last year and substantially lower than in earlier periods; exported growing volumes, with 9.9 million tons shipped through August, up 27%; and, shipped a record 12.5 million tons of identifiable plastic products, up 17%. Commodity polymers include polyolefins, styrenics, vinyl polymers and PET.
Continue readingIran’s Petrochemical Exports Expand in the First Half of 2024.
Methanol, polyethylene (LDPE and HDPE) and mono-ethylene glycol were Iran’s leading petrochemical exports (excluding liquefied gases) in the first half of 2024. Shipments of each were up versus the same period in 2023, mainly on increased exports to China.
Continue readingPetrochemical Trade – Turkey Aims to Accelerate Free Trade Negotiations with the GCC, Potentially Impacting 1.8 Million Tons of Polyolefin Imports – International Trader Publications
Turkey imported 668,000 tons of polyethylene and 1.1 million tons of polypropylene from the GCC in 2023. The duty rate was 6.5% on virtually all grades.
Continue readingChina’s Exports of All the Commodity Polymers Set New Records in March 2024
The simultaneous jump to new highs in March of China’s exports of polyethylene, polypropylene, styrenic polymers, PVC and PET was unprecedented. A rebound in polymer shipments after the holiday in February was expected and evident historically but new polymer capacity was also indicated, particularly in polypropylene.
Continue readingTrends in China’s Polyolefin Polymer Trade Through February 2924
Polyethylene polymer import and export volumes were higher versus February YTD 2023, but at depressed prices. Imports of polypropylene were down sharply; low-priced export volumes climbed.
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