Much higher imports of polyethylene and styrenic polymers, reduced polymer imports from the US, no imports of recycle polymers, and, record high exports of fabricated plastic products characterized China’s trade in 2018.
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US Imports of Fabricated Plastic Product Surge in Advance of Tariffs
Although trade data for July for the US does not reflect new tariffs of 25% on many fabricated plastic products from China, US statistics showed record volumes being imported each month from May through July.
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%.
Overview of Brazil’s Commodity Polymer Trade July 2018 YTD
Brazil’s exports of commodity polymers trended downward through most of the first seven months of 2018. Imports were moderately higher; imports of fabricated plastic products rose strongly.
US Polymer Exports, and, Imports of Fabricated Plastics Hit New Highs
Exports from the US of commodity polymers trended higher through most of the first half of 2018 and set a new record in June. Imports of fabricated plastic products also hit a new high in June.
China’s Exports of Fabricated Plastic Products Rose for the 4th Year in a Row
China’s shipments of a wide variety of fabricated plastic products climbed 10% in 2016, to 9.2 million tons, the fourth year in a row of gains.
China’s Fabricated Plastic Products Exports Surge
China’s exports of fabricated plastic products surged in December 2015 and ended the year up 6% from 2014. Exports of several large-volume fabricated products set new record highs.
China’s Exports of Numerous Fabricated Plastic Products Continue High
Despite obvious economic issues in export markets, China’s exports of various fabricated plastic products were up. Continue reading
New Perspective on China’s Polymer Trade
In 2011, China will import approximately 18 million tons of virgin commodity polymers, plus 8 million tons of scrap and waste polymer. China will export 3 million tons of virgin commodity polymers and more than 3.5 million tons of specific fabricated plastics products identified by polymer, plus 2.5 million tons of fabricated product groups of mixed polymers. These important trade flows are covered in a new report. Continue reading