Tag Archives: Saudi Arabia

Surge in China’s Polyethylene Imports in November as Recycle PE Imports Drop

China’s polyethylene imports rebounded strongly in November 2017. This followed a relatively small holiday-related decline in October, versus previous years.  Imports of recycle polyethylene continued trending downward, to their lowest monthly volume in the 2013-2017 period.

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China’s Imports of Ethylene Polymers Up 20% Through October

China imported 11 million tons of ethylene polymers through October 2017, up 20%. Imports of all grades were up substantially and volume has been heavy since August.

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China Imports Butanes at Record Levels

After trending downward for most of 2016 and into early 2017 China’s imports of liquefied butane gases soared to a new record high of 557,000 ton in May and continued to rise in June, reaching 587,000 tons.  Average prices slipped in both months, to $433/ton in June.

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China’s Imports of Polyethylene from Iran

Through May, 2017, China imported a total of 5.4 million tons of ethylene polymers, up 17% from the same period in 2016. Iran supplied 823,000 tons, or 15%, of the total, down 7%. A  restriction on imports into China from Iran, will likely be made up by Saudi Arabia, US, Korea and UAE, among others.

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Low MEG Imports Into China Impact Trade Flows Globally

Unusually low imports of monoethylene glycol into China early in 2016 were reflected in trade flows globally, especially exports out of the Middle East and from Asia-Pacific suppliers. Global volume of 8.1 million tons through August was down 11%, despite strong demand in several other markets.

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