New para-xylene capacity in China and also in the Middle East and the rationalization of uncompetitive production in the US and Western Europe have massively changed global trade flows.
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PET and PTA Trends in Global Trade in 2023
The volume of global trade in both products is projected to be lower in 2023 than in 2022, with profound shifts in flows between regions.
Continue readingVietnam is a Major Importer of Many Polymers, Chemicals and Related Products
Polyolefins, PTA, liquefied propane gas, soda ash, PVC, MEG, PET and methanol were leading imports, with sizable volumes also of recyclable PE, ABS, polycarbonates and caustic soda.
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 readingChina’s Trade June 2016 YTD: Generally Lower Imports; Big Gains on Some Exports
China’s imports of most polymers and chemical were lower in the first half of 2016 than in the same period in the prior year. Exceptions were imports of: ethylene, EVA, propylene oxide and, especially, methanol. China’s exports of PVC, polypropylene, PTA, VAM and non-expandable polystyene surged. Shipments of polyethylene also were up. Continue reading
Focus on: China’s Chemical Trade in the First Half of 2015
There were spectacular increases on imports of several large volume chemicals and polymers into China in the first half of 2015, and declines on others.
Strong Upward Trend in United States Imports of PTA, Canada and Mexico Top Sources
Terephthalic acid imports into the United States trended upward for most of 2014 through September, volume YTD of 409,000 tons up 18%.