Tag Archives: polyolefins

ITP 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.

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Lower Polyolefin Exports from Russia Indicated by Trading Partner Import Statistics Through June 2022 and Projected Through August

Russia stopped publishing trade statistics after January 2022. Russia’s exports, however, are visible from trading partner import statistics in ITP’s World Trade Matrixes. These indicate declines for both Russia’s exports of polymers of ethylene and propylene.

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Western 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.

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China Removes Tariffs on Four Specific Grades of Polyolefins from the US, Prior to the Phase I China – US Trade Agreement

China removed the 25% tariff on imports from the US of specific grades of HDPE, linear low density polyethylene, polypropylene and ethylene-propylene copolymers as of December 26, 2019.

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China’s Polyolefins Trade in 2015

China ended 2015 with imports of polyolefins up 10% from 2014. Imports of HDPE and EVA were particularly strong, up 12% and 27%, respectively.  In addition to higher volumes from the Middle East and Asia-Pacific, supplies from North America and Latin America rose sharply.

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Huge jump in China’s polyolefin imports

The end of the Chinese New Year holiday, low prices, plus a new government stimulus effort and the anticipation of additional measures to come, resulted in a massive increase in China’s imports of polyolefin and other polymers in March, 2015. Continue reading

Update on US Polymer Exports – Mostly Down

Through September 2014, US exports of polyolefins, styrenics and PVC have either declined versus the prior year or been unchanged, despite the positive effects of increased US shale gas production on energy and feedstocks. Continue reading

Expanded global trade volume in 2014, indicating demand growth, projected for benzene, EDC, polyacetals, polycarbonates, PET, ethylene copolymers, EVA, DEG and PMMA

An increase in the amount of material being traded globally generally indicates an increase in demand. ITP currently projects global trade volume to be up 4% to 10% in 2014 from 2013 for a number of heavily traded polymers and chemicals. Continue reading