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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China Was A High Growth Import Market in 2015 for Benzene, Isopropanol, Cumene, P-Xylene, Methanol and VCM
China’s imports of these basic chemicals increased by 15% to 100% in 2015 versus 2014.