Latest import/export statistics from all available countries indicate strong growth in global trade volume for polyethylene by year end 2019 but a contraction for polypropylene. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.
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China’s Commodity Polymer Imports up 20% through February 2019, despite the Chinese New Year Slowdown
China imported 4.6 million tons of commodity polymers – PE, PP, PS, PVC and PET – through February 2019, up 20% from the same period in 2018.
Continue readingUS Commodity Polymer Trade in 2018
US statistics for December, delayed by the government shutdown, are now available and show large increases for the year on exports of ethylene polymers, on imports of propylene polymers and PET, and, on imports of some fabricated plastic products.
Continue readingUS-China Trade War Update
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 readingBrazil’s Polymer Trade in 2018
Brazil imported 1.9 million tons of commodity polymers in 2018, up 11%. Exports were smaller, 1.6 million tons, and fell by 17%. Trade in recycle polymers was minor, noting a sharp drop in exports. Fabricated plastic product imports totaled 173,000 tons, up 9%; exports were 133,000 tons, up 3%.
Continue readingIran’s Polymer Trade in 2018
Iran exported 3.6 million tons of commodity polymers in 2018, down 5% from the prior year. Imports were 198,000 tons, down 42%. Shipments of fabricated plastic products jumped 35%, to 224,000 tons.
Continue readingPolypropylene Global Trade Volume Projected up 1% in 2018
ITP projects polypropylene homopolymer trade volume for 2018 of 20 million tons, up 1% from 2017. This compares with an increase of 5% in 2017 versus 2016. The trend in global trade volume generally indicates the trend in world demand.
US Exports of Propylene Polymers Drop; Imports Rise
US exports of polypropylene, propylene copolymers and polyisobutylene were down 14% through July 2018, to 1.1 million tons, while imports jumped 36%, to 370,000 tons.
Overview of Thailand’s Commodity Polymer Trade July 2018 YTD
There was a strong upward trend in Thailand’s exports of commodity polymers through most of the first seven months of the year. Imports of virgin commodity polymers were up slightly; imports of recycle polymers soared.
Overview of Singapore’s Commodity Polymer Trade July 2018 YTD
Singapore imported 1.7 million tons of commodity polymers through July 2018, up 11%, and exported 4.2 million tons, up 6%.