Tag Archives: Saudi Arabia

MEG 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.

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Huge 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.

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China’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.

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China’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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China’s Imports of Polyethylene Rebound in September; New Record Highs on Imports of HDPE and LDPE

After slowing in July and August, China’s imports of polyethylene rose strongly in September, 2020, and were accompanied by rising prices. Imports of conventional high pressure LDPE and HDPE set new records.

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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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