Global trade in propylene copolymers was 10 million tons in 2022, down 3% from the prior year. ITP projects another decline of 3% in 2023, to 9.7 million tons.
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Trends in EDC and VCM Global Trade
Global trade volume for both EDC and VCM trended upward from 2018 through 2020 but then diverged, with profound changes in regional, and country, imports and exports over the period.
Continue readingChina’s Commodity Polymer Trade February 2023 YTD
China’s imports through February 2023 of polyethylene, China’s largest commodity polymer import, showed no change versus February 2022 YTD. Imports of polypropylene posted a moderate increase. On the export side, however, China shipped substantially more of each major commodity polymer than in the same period in 2022.
Continue readingMEG Global Trade Volume Projected Down 9% in 2021, to 15.3 Million tons
The decline in the global total is primarily attributable to substantially lower imports into China, which is not expected to be offset by higher imports into Turkey, India, Mexico and Pakistan, among others.
Continue readingHuge Increases in Brazil’s Imports of Polyethylene, Polypropylene and PVC Through June 2021
Brazil’s imports soared to record levels in the last half of 2020 and continued there through June of 2021. Exports during the period fell to record lows.
Continue readingMassive Increase in China’s Polypropylene Exports in March
China exported 245,000 tons of polypropylene homopolymer in March, 2021, roughly ten times the volume exported in prior months.
Continue readingMEG Exports From Saudi Arabia, Kuwait and UAE as of October, 2020 are Down from Last Year; Iran Shipped Higher Volumes
Competing shipments from North America impacted MEG exporters in the Middle East.
Continue readingRecent Trends in Styrene Exports from Kuwait and Saudi Arabia
Both Kuwait and Saudi Arabia exported more styrene through October, 2020, versus the same period last year, but Kuwait’s shipments to China increased while Saudi exports to that destination showed a decline.
Continue readingChina’s Imports of Ethylene Polymers Were up 11% in 2020, to 21.3 M Tons, Although Volume Slowed in the Fourth Quarter
Imports of HDPE were 9.1 million tons in 2020, up 14% from the prior year; linear polymer as EAOC, 6.7 million tons, up 17%; LDPE, 3.4 million tons, down 1%; and EVA, 1.0 million tons, down 3%. Much higher volumes from North America and Eastern Europe and little growth in supplies from the Middle East were striking trends.
Continue readingChina’s Imports of Polypropylene Jumped 25% in 2020, to 6.8 M Tons
Higher volumes were imported from Asia-Pacific, 4.9 million tons, up 24%, the Middle East, 1.4 million tons, up 26%, as well as all other regions. Average prices soared from August through December, reaching $1190/ton.
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