Although final trade statistics for 2024 will not be available for many countries until March of 2025, ITP’s analysis of trends for individual countries indicates expanded global trade volume in 2024 for the majority of products. Increased global trade generally indicates increased demand.
Continue readingTag Archives: propylene
China Reported Lower Imports of Most Major Polymers and Chemicals Through September, 2022
Of fifteen large volume imports, each exceeding 1 million tons, imports of only three products were up September 2022 YTD from the same period in 2021.
Continue readingWidely Differing Trends in Ethylene and Propylene Monomer Global Trade 2016-2020
Global trade in ethylene and propylene monomer fluctuated over the five-year period, with a sharp downturn in 2020.
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 readingHuge Increases in Western Europe’s Imports of Ethylene and Propylene in 2019 from North America, Latin America and Middle East
Imports of ethylene into Western Europe increased by over 200% in 2019 versus 2018, and imports of propylene jumped 70%, based on latest statistics from reporting countries.
Continue readingPhase I of the China – US Trade Agreement Includes Increased Imports into China of LNG, Liquefied Propane and Butane, Caustic Soda and Most Organic and Inorganic Chemicals
During the two-year period from January 1, 2020 through December 31, 2021, China has agreed to increase by $200 billion purchases from the United States of manufactured goods, agriculture, energy and services.
Continue readingTrends in Asia-Pacific Trade in Propylene in 2018
Lower imports into China were evident in the slowdown in trade within the Asia-Pacific region in 2018.
Continue readingTrends in Western Europe’s Trade in Propylene
The balanced nature of the propylene market in Western Europe in 2018 was evident in the region’s trade, with intra-regional trade up slightly from the prior year and declines on both imports and exports.
Continue readingChina’s Imports of Olefins from the United States
On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.
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 reading