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.
Tag Archives: Saudi Arabia
Nearly 5 million tons of PE Film and Sheet is Traded Globally
Preliminary figures for 2016 indicate a 6% increase in global trade volume in polyethylene film and sheet, to just under 5 million tons.
Brazil’s Exports of Commodity Polymers Jumped 28% in 2016; Imports Slowed
Brazil exported nearly 2 million tons of polyolefins, styrenic polymers, vinyl polymers and PET in 2016, up 28% from 2015.
DEG Global Trade Lower on China’s Imports
Global trade in DEG was down 9% through August, to 0.8 million tons based on earliest available data. Lower imports into China were a major factor.
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.
Massive Rise in China’s Imports of Methanol
China’s imports of methanol surged to new highs in the second quarter of 2016 and continued very strong through August. Year to date, imports were up 68%.
Saudi Arabia – Butylene Imports
In 2015, several countries reported exports of butylene to Saudi Arabia totaling over 46,000 tons. Through April, 2016, over 44,000 tons have already been shipped to that market.
Recent Trends in Butadiene Trade
Substantially higher butadiene export from Western Europe and Latin America were prominent trade trends through May, 2016.
China’s Commodity Polymer Trade Rebounds
March 2016 statistics show a rebound in China’s imports of both virgin and recycle commodity polymers. China’s exports of commodity polymers hit a record high.
China’s Polyolefins Trade in 2015
China ended 2015 with imports of polyolefins up 10% from 2014. Imports of HDPE and EVA were particularly strong, up 12% and 27%, respectively. In addition to higher volumes from the Middle East and Asia-Pacific, supplies from North America and Latin America rose sharply.