Competing shipments from North America impacted MEG exporters in the Middle East.
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Recent 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.
Continue readingChina’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.
Continue readingChina’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.
Continue readingSharp 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.
Continue readingChina 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.
Continue readingProminent 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.
Continue readingEarliest Trends In Brazil’s Polyethylene Trade as of March 2020
Brazil is one of the earliest reporting countries and polyethylene is one of its biggest imports as well as a sizable export.
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