Russia stopped publishing trade statistics after January 2022. Russia’s exports, however, are visible from trading partner import statistics in ITP’s World Trade Matrixes. These indicate declines for both Russia’s exports of polymers of ethylene and propylene.
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LNG Imports from Russia into Key Global Markets
Imports of LNG into China, South Korea, Japan and UK showed different trends through May/June, 2022.
Continue readingImports of Polypropylene into both Western Europe and Eastern Europe Plummeted in April 2022. YTD, Western Europe’s Imports were up; Eastern Europe’s Fell.
Two months into the war in Ukraine, import statistics for Western and Eastern Europe show different trends in imports from Russia on a YTD basis. Monthly import figures, however, show a sharp drop in April into both regions.
Continue readingMajor Shift to Europe in US Exports of LNG
US export figures through May, 2022, show not only surging export volumes but also a shift away from Asia-Pacific to Europe.
Continue readingChina’s LNG Imports were Down 21% May 2022 YTD from May 2021 YTD. Imports from US and Other Sources Fell Sharply; Qatar, Russia and Trinidad-Tobago Supplied Higher Volumes
Weak economic activity over the last several months was evident from the drop by over 3 million tons, 21%, in China’s imports of LNG through May, to 26.6 million tons.
Continue readingPolypropylene Imports Into Europe Jump in March
March 2022 was the first full month of trade after the February invasion of Ukraine by Russia. Uncertainty created by the war apparently resulted in higher imports of polypropylene homopolymer into both Eastern Europe and Western Europe in March.
Continue readingUkraine’s Exports Plummet
Ukraine is a sizable exporter of caustic soda, PVC, propylene monomer and polymers of ethylene, among other products. Shipments of all of these dropped sharply in March, the month after Russia’s invasion, and virtually disappeared in April and May.
Continue readingChina Commodity Polymer Trade April 2022 Reflected Continued Weak Economic Activity From Covid Lockdowns
Polymer imports in April were almost as low as during Chinese New Year; exports of PVC hit a new high and shipments of PET also remained high; exports of fabricated plastic products continued slow.
Continue readingRussia’s Exports of Polyolefins to Western and Eastern Europe
Russia exports more than twice as much ethylene and propylene polymers to other Eastern European countries than it does to Western Europe. Turkey and Poland are the top two destinations in Eastern Europe. Flows to Poland, other EU countries within Eastern Europe, and the Ukraine are most likely to be affected by the war in Ukraine.
Continue readingImpressive Surge in US Exports of Polyethylene in March, 2022
The United States exported 966,000 tons of ethylene polymers in March, 2022, an increase of 160,000 tons over February. Shipments of every PE grade were up in March. Further increases are likely with startup of new capacity.
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