Tag Archives: Saudi Arabia

China’s PE and PP Imports Slow in July and August 2020

China’s imports of ethylene polymers dropped from a record high of 2.1 million tons in June to 1.8 million tons in August. Imports of propylene polymers fell from 840,000 tons in June, another record, to 580,000 tons. Despite the declines, imports YTD are up substantially for both polymer groups.

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Sharp Drop in Global Isocyanates Trade Through May 2020 and Projected for Year End

The volume of isocyanates (combined MDI, TDI and other) traded through May 2020 was down 10% from the same period last year, based on latest available statistics. Asia-Pacific and Western Europe, accounting for more than half of global trade volume, each saw trade contract within their regions, with lower imports.

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China is Back. Imports of PE and PP Hit New Highs in May 2020.

After a slow beginning to the year as China battled the Corona virus, polyolefin imports picked up moderately in March and April then soared to new record highs in May. Prices continued their steep declines.

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Prominent Trends in Western Europe’s Polyethylene Trade Through April 2020 Point to Slower Demand

A slowdown in intra-regional trade and generally lower imports from other regions, with one key exception, were prominent trends in Western Europe’s PE trade, based on the most current data available.

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Sharp Drop in Polyethylene Exports From Singapore and Korea to China in February 2020

Exports of ethylene polymers to China accounted for more than half of Singapore’s and Korea’s total exports in 2019 but shipments to China from both countries plummeted in January, and, especially, in February, the most current month available.

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Huge 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.

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Trends in Western Europe’s Imports of Polyethylene in 2019

Imports of linear low density polyethylene into Western Europe from North America are projected to nearly equal the region’s imports from the Middle East by year end 2019, based on latest available statistics from 90 countries. Imports of HDPE from North America are trending sharply higher. Imports of both LLDPE and HDPE from the Middle East declined in 2018 and are projected down in 2019.

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Global Trade in P-Xylene Projected Down 2% in 2019

Trade volume by year end is projected at 22 million tons, down 2% from 2018 based on the latest statistics from 50 countries. This compared with an 11% gain in global trade volume in 2018 versus 2017. Prominent trends in 2019 include a drop in Asia-Pacific intra-regional trade, increased exports from the Middle East, and lower shipments from North America.

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